The GBP/USD H1 chart reveals an overall mixed trend with fluctuations that alternate between bullish and bearish movements. The price is currently trading around 1.2397, showing a slight upward momentum in recent sessions. However, the broader...
Marubozu Candlestick Chart Pattern The Marubozu candlestick chart pattern is a key tool used in technical analysis to predict potential price movements in the market. It represents a strong trend and is characterized by a candlestick with no...
GBP/JPY Price Analysis Japan’s National Consumer Price Index (CPI) climbed 3.6% YoY in December, compared to the previous reading of 2.9%, according to the latest data released by the Japan Statistics Bureau on Friday. Further details unveil that...
Crude oil extended as dealers dominated and tested a key support level On Thursday, oil extended its recent downward correction and tested a key support level after resuming previous progress. As of this writing, the low is $75.31, with bearish...
GBPUSD GBPUSD outlook: The GBP/USD pair is navigating a tight range today, as both the British pound and the U.S. dollar face their respective challenges. On one hand, the pound is supported by recent positive UK economic data, while on the other,...
