The GBP/JPY currency pair continues to trade with a bearish bias, as multiple technical indicators reinforce the likelihood of further downside movement. The Relative Strength Index (RSI) remains below 50, suggesting that selling pressure continues...
EUR/USD continues to show signs of weakness, with key technical indicators reinforcing the prevailing bearish sentiment. The Relative Strength Index (RSI) is positioned below the neutral 50 level, signaling that the pair lacks strong buying pressure...
The technical outlook for GBP/USD remains decisively bearish, with a combination of indicators pointing to further downside potential. The Relative Strength Index (RSI) is firmly below the 50 level, highlighting a lack of buying interest and...
I am closely monitoring the GBP/USD pair as it opens the week with a sharp southern gap, plunging from 1.2407 to 1.2375, and I believe this sets a bearish tone for the days ahead. I previously advocated for short positions on the pound in my...
The GBP/JPY pair remains in a well-defined downtrend, with multiple technical indicators reinforcing the expectation of continued weakness. The Relative Strength Index (RSI) is still below the neutral 50 level, signaling a lack of upward momentum....