GBP/USD Analysis 3 August 2024 The GBPUSD pair finally moved up and closed at a round number of 1.2800, this is an early signal that the market is currently dominated by buyers. However, if you look at the downward movement so far, the price is...
Risk management in forex trading. Effective risk management is a cornerstone of successful trading. Without it, even the most sophisticated trading strategies can lead to significant losses. This article explores the fundamentals of trading risk...
Forecast of NZDUSD Daily time frame chart outlook: If we look at the technical chart for the daily time frame, we can see that the NZDUSD had some bearish trading activity during the last few trading days, which is why the price dropped...
The GBP/USD currency pairing has been on a steady downward trend for the past three weeks, trading near 1.2730 during early Asian market hours on Friday. This persistent negative movement coincides with a weaker US Dollar Index, which has dropped...
Analysis and Trading Outlook for GBP/USD Recent Market Activity The GBP/USD pair experienced a significant decline yesterday, continuing its strong downward momentum. Today, the pair also dropped, nearly reaching the 1.27 level, before attempting a...