GBP/USD continues to struggle against downward pressure, with 1.2425 serving as a major resistance level that has consistently rejected bullish advances. As long as price action remains below this key threshold, the probability of further declines...
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Since October of the previous year, the USD/CHF currency pair has experienced a significant uptrend, with the U.S. dollar appreciating by over 9% against the Swiss franc. This movement reflects a broader trend in which the dollar has strengthened,...
Weekly Analysis of GBPJPY: Chart Patterns and Trading Strategies Forex trading offers a plethora of currency pairs, each with its unique characteristics. Among these, GBPJPY stands out due to its distinct chart patterns that can lead to consistent...
GBPUSD Analysis GBP/USD is currently trading at 1.23821. The price is consolidating within a range of 1.24150 - 1.23510, indicating indecision in the market. The 150-period moving average (MA) is acting as dynamic support. The RSI (14) stands at...