Currency pair GBPJPY - daily period of the chart. January has passed, and sellers dominated mostly, although buyers also had temporary success. The wave structure here is neutral, there is no clear direction of movement. The MACD indicator is in the...
The GBP/USD pair continues to experience heavy selling pressure, driven by a combination of weakening U.K. economic fundamentals, a shifting interest rate outlook, and persistent concerns over global economic uncertainty. The British pound has...
The USD/CAD pair continues to exhibit signs of potential bullish continuation as long as it maintains its footing above the pivotal 1.4625 support level. This area has acted as a key reference point for traders, serving as both a psychological and...
The USD/JPY pair is under growing selling pressure, as the Bank of Japan (BoJ) hints at a potential shift in its ultra-loose monetary policy. Recent statements from BoJ officials suggest that the central bank may soon begin adjusting its negative...
GBP/USD Trading Analysis Update Monday, January 3, 2025 The GBPUSD pair price movement that tried to continue the upward rally, once again failed when reaching the SMA 200 as dynamic resistance. The price seems unable to move higher as in previous...
