GBP USD GBP/USD Technical Analysis – April 27, 2025 The GBP/USD pair is currently consolidating after a strong bullish run earlier this month. As of today, the pair trades around 1.3290, slightly below the yearly high of 1.3423. The broader trend...
The Japanese yen (JPY) continues to exhibit a bearish sentiment in the foreign exchange markets. This prevailing weakness in the yen, coupled with a slight strengthening of the US dollar (USD), has propelled the USD/JPY currency pair to a two-week...
West Texas Intermediate (WTI) crude oil prices staged a recovery from their intraday lows during Thursday's Asian trading session, settling around the $62.20 per barrel mark. This rebound, however, appears to be encountering significant headwinds as...
A bearish trend frequently comes to an end when the HS pattern is reversed. The price moves in a zigzag pattern with three primary rudiments a lower low on the left shoulder, a new lower low on the head, and a advanced low on the right shoulder. The...
The euro experienced a weakening of its upward momentum during the early hours of Friday's European trading session, settling around the 0.8530 level against other major currencies. This slight loss of traction coincided with a notable strengthening...