GBPUSD Technical Analysis GBPUSD is currently trading around 1.2605, showing strong bullish momentum as it approaches a critical resistance zone. The pair has been in a recovery phase after bouncing from lower levels near 1.2250. On the daily...
Gold H1 chart: Gold is in an uptrend and is currently trading around 2929. The H1 chart shows the price is approaching a significant resistance level 2935. It is suggested that if gold breaks this level, it may continue the uptrend and test higher...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Market Fundamentals: Market participants fear that protectionist policies under President Donald Trump could significantly disrupt the Eurozone’s economic stability. While higher import tariffs by the US would impact global economies, the European...
To be honest, I don’t find anything particularly surprising in the current market movement. I can clearly see the impulse movement that occurred after the pair fell from 1.48, and I observe that the currency pair has provided bears with at least 600...
