Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis; the market price is between 1.2610 resistance and 1.2512 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
The chart displays the price movement of crude oil on the H1 (hourly) time frame. Currently, the price is trading around $73.51 after experiencing a slight pullback from its recent high near $74.75. The overall trend indicates a mix of bullish and...
EUR/USD PAIR REVIEW ANALYSIS Currency pair EUR/USD - let's take a look at the D1 chart. At the start of this year, sellers were quite active, seeing a significant decline of about 150 points. The overall wave structure continues to trend down, and...
GBP/USD Price Action Overview We are currently discussing the analysis of GBP/USD's price behaviour. The GBP/USD pair, on the H4 chart, is trading at a critical juncture, currently hovering around 1.2541 after a significant recovery from its recent...
GBP/USD Technical Analysis and Forecast – January 7, 2025 Market Sentiment and Outlook: The bullish momentum in the GBP/USD currency pair is likely to indicate positive sentiment driven by recent economic developments and technical buying. We are...