GBP/ USD Price Action Dynamics Our discussion will revolve around analyzing the price movement of the GBP/ USD currency pair. The market is still moving rather sluggishly, which is facilitated by the absence of important data from the UK, so I again...
Silent Points about EURUSD: Today, the German and Rench Flash news made the EUR week just now. Hence, the price is trading around the 1.0490 level. It is important that a strong reading for the Flash Service and Manufacturing Index could lead to...
GBP / JPY: Trading Recommendation We can check out the weekly calendar to recognize the market sentiment and gain insights into potential price movements. Analyzing the upcoming economic events and news releases is essential to understanding the...
I still hold a bearish outlook for the EUR/USD pair, as the sell signal for a decline only formed by the end of last week. I believe this signal has at least until the end of the current week to play out. My primary focus is on the support level at...
GBP/USD moved higher on Monday after falling 1% last week. In the European session, GBP/USD is trading at 1.2747, up 0.30% on the day. Services in the UK are improving, ticket production UK services PMI rose to 51.4 in December from 50.8 in...