GBP/USD ANALYSIS. The English Pound (GBP) stuck to a help against the US Dollar (USD) on Thursday after a new slide. The GBP/USD conversion scale plunged as the USD fortified, however essentially figured out how to remain above water over the...
EUR/GBP ANALYSIS The EURGBP pair price that is currently correcting down seems to be trying to maintain the bullish trend direction. The price is still moving between the EMA 50 and SMA 200 with the bullish trend condition that is weakening. If...
The British pound gained ground against the US dollar on Wednesday, extending its recent rebound. This rise was fueled by weak US economic data. A key indicator, the US Services Purchasing Managers' Index (ISM), dipped to a two-year low of 48.8 in...
Price Action Market Forecast for USDCHF (4HRS CHART) The USD/CHF currency pair grabs my attention right now. The currency pair is contained within a descending channel in the recent trades. The 4hrs Charts hint at a possible downward trend...
GBP/ USD Price Movement The GBP/ USD Currency pair's price action will be the subject of our analysis and discussion. The past week on the hourly chart of the pound-dollar began with a decline to the trading level of 1.26534. Near this level, it...