GBPUSD Technical Analysis GBPUSD is currently trading around 1.2652, indicating ongoing bearish momentum. The 150-period moving average is sloping downward, confirming the sustained selling pressure. RSI is positioned at 58.91, suggesting mild...
Reading the Crude Oil Price Activity Our conversation will center on the analysis of the crude oil price action. In my opinion, the situation on the chart of black gold quotes is developing simply according to the classic genre. Yesterday, at the...
The GBP/JPY currency pair experienced downward pressure, hovering around the 190.25 mark during the early European trading session on Thursday. This decline was largely attributed to mounting market speculation that the Bank of Japan (BoJ) would...
Despite the optimistic technical outlook, it is crucial for traders to remain mindful of external macroeconomic and fundamental factors that could introduce unexpected volatility. The forex market is highly sensitive to economic data releases,...
Technical Analysisound Sterling holds above 1.2600 The Pound Sterling steadies against the US Dollar, with investors remaining cautious on US President Trump’s tariff agenda. President Trump is poised to impose 25% tariffs on all imports from...
