Market analysis Tuesday, February 04, 2025 GBPUSD Good afternoon, At the beginning of the week after the candlestick successfully penetrated the support at the price of 1.2300, the decline in the price of GBPUSD seemed to be getting deeper. However,...
The GBP/USD pair continued its upward trend for a second consecutive session, trading around the 1.2430 level during Tuesday's Asian trading hours. Concurrently, the USD/CAD pair also experienced an increase, driven by improved risk appetite...
Gold prices have initiated a fresh bullish wave, propelled in part by escalating global trade tensions. The precious metal has sustained an upward trajectory, successfully breaching the $2,780 resistance level and continuing its ascent. Analysis of...
The technical landscape for the NZD/USD pair is overwhelmingly supportive of a bullish trend, with the pivotal support at 0.5573 playing an essential role in anchoring the market’s upward trajectory. This level has consistently served as a barrier...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market price is currently falling in the 1-hour time frame, but the market price broke this trend line, helping the price be higher. The market price retraced after...
