Navigating the GBP/USD Prices The GBP/USD price behaviour analysis is a matter for discussion. The GBP/USD currency pair has shown a clear bullish trend on the 4-hour timeframe, with the price consistently trading above key moving averages,...
Last week, I observed significant confusion across the entire market spectrum. At the beginning of the week, I noticed that the pair declined due to a rollback from previous growth. By Thursday, I saw a strong upward movement, which gave me some...
The price of bitcoins has been consolidated between $ 94,000 and $ 100,000 since the beginning of February. Us Bitcoin Spot Data ETF has seen a total outflow of $ 489.60 million by Thursday. The Cryptoquant report suggests that if demand and...
The latest economic developments are shaping the outlook for GBP/USD, with both fundamental and technical factors influencing market sentiment. Bank of England Governor Andrew Bailey noted that fiscal measures could boost UK growth by approximately...
The market, in my view, is not governed by fundamental analysis but rather by technical analysis, where price movements are driven from one level to another. While fundamentals do have an impact, I believe their influence is more pronounced in force...