The GBP/USD pair has continued its upward momentum for a third consecutive day, trading around the 1.2460 level during Thursday's Asian session. Traders are now focused on the release of the UK's preliminary GDP data later in the day. While annual...
Technical analysis of GBPCAD Today I picked GBP/CAD in technical analysis. The market is bearish and the selling momentum is helping the price fall. The market price reached the execution support level, starting from the support level of 1.7692, the...
Rounding Top Candlestick Chart Pattern The Rounding Top candlestick pattern, also known as a "Saucer Top" or "Inverse Saucer," is a bearish reversal pattern often seen in technical analysis. This pattern indicates a gradual shift from bullish to...
GBP/USD continues to exhibit bullish characteristics, with technical indicators supporting the case for further gains as long as the pair holds above 1.2417. This key level acts as a critical support zone, ensuring that the market retains an upward...
Bearish Belt Hold Candlestick Chart Pattern The Bearish Belt Hold is a single candlestick pattern that signals a potential reversal or continuation of a downward trend. It is often observed in technical analysis of stock or forex charts. Below is a...
