GBP/USD Fundamental Analysis The GBP/USD currency pair is holding steady near 1.3135 in the early Asian session as market participants weigh the implications of expected central bank actions. The US Dollar is under pressure due to growing...
How much benefits of forex for foreigners? 24 Hour Market The Forex market is open 24 hours a day, 5 days a week. Trading starts when major global financial centres around the world open. The market opens in New Zealand on Sunday evening and ends...
Let's analyze the currency pair chart of GBP/USD using time frame D1. The GBP/USD currency pair has entered a gradual downward correction. You believe the price can only retrace 50% of the previous wave, rather than dropping to 61.7% or 76.3%. The...
The euro has been under pressure against the British pound, poised for its third consecutive weekly decline. This downtrend is largely attributed to growing expectations that the European Central Bank (ECB) will implement another interest rate cut...
The slow stochastic oscillator is a technical indicator used in trading to measure momentum and identify potential trend reversals in financial markets. It consists of two lines: the %K and %D. The %K line represents the current price’s position...