One of the key advantages of a trading strategy is that it helps mitigate emotional decision-making. Fear and greed are common emotions that can cloud judgment and lead to poor decisions. By sticking to a strategy, traders can avoid the pitfalls of...
The GBP/JPY pair is experiencing a corrective pullback around 191.60 in early European trading on Thursday, following four consecutive sessions of gains. This retracement is driven by renewed strength in the Japanese Yen (JPY), which has been...
The British Pound (GBP) experienced a pause in its upward momentum on Thursday, halting a three-day streak of gains. After reaching a year-to-date high of 1.2923 against the US Dollar (USD), the GBP/USD exchange rate stabilized below the 1.2900...
Gold Current Market Overview Gold is trading at 2902, recovering from a daily low of 2896. The market is still bearish, with gold trading below the 100 Exponential Moving Average and 20 Simple Moving Average on the H1 chart. The Relative Strength...
Hello, colleague! Today is the last trading day of the week - it seems that growth will continue on all fronts. What do you think? For #GBP/USD in particular, the following picture is emerging on the daily chart using the wave technique: - MA100 is...
