The GBP/JPY currency pair is currently navigating a period of downward pressure, trading around the 191.20 level during the early European trading hours on Wednesday. This bearish trend is largely attributed to the weakening Japanese yen (JPY),...
Good morning. Buyers of the Pound managed to move even further up yesterday, and it is possible that today there will be an attempt to strengthen their positions. To do this, they will need to break through and consolidate above yesterday's maximum...
PAIR REVIEW AUDUSD Hello everyone and profitable trading! I am set for the AUDUSD pair to continue to grow today as we could hold it above the support zone, which is limited to the levels of 0.6276 - 0.6294, and we are trading at the level of...
GBP/NZD As of March 12, 2025, the GBP/NZD currency pair is trading at approximately 2.2670, reflecting a complex interplay of technical patterns, fundamental economic indicators, and geopolitical developments. Technical Analysis: The GBP/NZD pair...
Minimizes losses: If the price reverses beyond the trailing stop, the position is automatically closed, reducing losses. Flexible risk management: Allows trades to stay open longer in trends without the trader having to manually adjust stops. When...
