The GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’s...
The GBP/NZD currency pair shows signs of potential upward momentum, with a possible rise of 92 to 137 pips. Using the pivot point at 2.1717 as a central reference, the preference is for a rebound toward 2.1920, a level reinforced by its resistance...
EUR/USD If the price value of EURUSD had consolidated above the level of 1.0300, then we could have gone higher. But alas, during the American trading session, the EURUSD quotes began to decline. And so, in small steps we reach the level of 1.0260....
The GBP/USD currency pair shows a notable potential for a bearish movement, as highlighted by the technical indicators and pivot point at 1.2205. Currently, the price stands below the pivot point, which serves as a significant resistance level. The...
The technical outlook for GBP/USD suggests a market firmly under bearish control, as evidenced by key indicators and resistance levels. The pivot point at 1.2205 is pivotal in defining the market’s direction, with the downside prevailing below this...