The GBP/USD weekly chart presents a long-term bearish trend with multiple retracement phases, consolidations, and resistance rejections. Historically, the pair traded above 1.70 in mid-2014 but experienced a sharp decline due to Brexit uncertainty,...
GBP/USD Technical Analysis Gap Refill and Fibonacci Levels The GBP/USD currency pair has successfully refilled the gap from yesterday, marking a significant technical development. Today, the price action indicates a break above the 23.6% Fibonacci...
Euro does not pull your legs While Donald Trump supports discussions with tariffs, central banks actively work on maximum transparency in financial markets. By the end of the week, namely February 7, the European Central Bank will publish its...
The recent and pronounced decline in the GBP/NZD (British Pound to New Zealand Dollar) exchange rate raises important questions about the sustainability of the currently observed bullish trend. Traders and analysts are closely monitoring the...
Technical analysis of GBPNZD Today we will perform a technical analysis on GBP/NZD. The market is currently between our support and resistance levels. There is currently a bearish trend in the market. The market is now close to support at 2.1900....
