GBP/USD now suffers the bounce in the Greenback and gives away its earlier advance to the 1.2300 neighbourhood, refocusing on a potential new visit to 1.2200 and possibly below.From a technical perspective, the GBP/USD pair now seems to have found...
The USD/JPY analysis highlights several key technical indicators that suggest a cautious outlook for the pair. The pivot point at 155.89 indicates that this is a critical level for the currency pair, and price movements around this point will likely...
The NZD/JPY currency pair is currently facing a bearish technical environment, with the potential for the price to fall between 53 and 79 pips. The critical pivot point at 88.21 serves as a key resistance level, and as long as the price remains...
GBP/USD Technical Analysis The GBP/USD market is currently in a clear sell structure supported by a strong downtrend on the H4 timeframe. The price is trading below the 200-day Simple Moving Average (SMA), which is positioned below the 50-day SMA,...
The GBP/JPY pair is currently at a crossroads, with its price action hovering around the critical pivot point of 190.64. This level will be crucial in determining the future direction of the pair. A rebound from this level could push the price...