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GBPUSD Daily Time Chart Analysis The GBP/USD currency pair has been in a volatile state for the past few days. The pair fell after hitting a three-week high of 1.2521 on Monday. The decline pushed the pair below the crucial 20-period simple moving...
Difference between Bulish Vs bearish patterns Bullish Patterns A bullish pattern indicates a potential increase in asset prices. Here are some common bullish patterns: 1. Double Bottom This pattern resembles the letter "W." It forms after a...
January 31, 2025 NZD/USD stages a modest recovery from over a one-week low amid subdued USD demand The NZD/USD currency pair is exhibiting bearish tendencies. The pair is trading near 0.5645, approaching the 20-day Simple Moving Average (SMA), a...
Technical analysis of EURGBP Today I choose EUR/GBP for technical analysis; market prices are falling, and selling pressure is helping. If the market price is visible on the EUR/GBP 1-hour time frame, the price is breaking below the 50-day simple...
