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Price Action Analysis: GBPUSD The present analysis of the GBPUSD price behavior is subject to discussion. The price structure is still highly favorable on a daily basis on the left, with the correction from 1.3260 to 1.3000 acting as a brake and the...
The spot price has shown renewed strength, breaking out from a consolidation range of around 1.3290. This bullish movement has pushed Cable to fresh short-term highs, with further targets set towards 1.3340. Currently, the pair is trading near the...
Technical analysis USD/JPY H-4 From the picture drawn on the chart with the four-hour time frame, it is clear that the USDJPY pair has successfully crossed the first target of the expected uptrend. The chart shows that the pair is in an uptrend. The...
On the hourly chart, the GBP/USD pair continued its upward movement on Thursday, consolidating above the 161.8% corrective level at 1.3259. This suggests that the pound's rise could continue toward the next targets at 1.3357 and 1.3425. The bears...