T E C H N I C A L _ A N A L Y S I S G B P / U S D Hello friends and moderators. At this time I am going to do a technical analysis of GBP/USD. GBP/USD is trading at 1.2591 at the time of writing. The technical and fundamental factors are favoring...
GBPUSD GBPUSD outlook: The GBP/USD currency pair is currently navigating a period of mixed sentiment, driven by ongoing economic pressures in the UK and the U.S. The pound is facing challenges against the U.S. dollar, influenced by several economic...
The EUR/GBP currency pair experienced a notable downturn, continuing its downward trajectory for a second consecutive trading day, settling around the 0.8270 mark during Asian trading hours on Thursday. This persistent decline is primarily...
if a red candlestick pattern appears when RSI is above 70 (overbought), it strengthens the likelihood of a downtrend. If RSI is below 30 (oversold), the bearish pattern may be weaker, as the price might soon rebound. Volume Analysis High trading...
USDJPY USDJPY outlook: The USD/JPY pair remains influenced by the contrasting monetary policies of the U.S. Federal Reserve and the Bank of Japan (BoJ), as well as the global economic environment. The U.S. dollar continues to show strength, while...
