The GBP/USD pair on the H1 timeframe currently exhibits a strong bearish trend, characterized by a series of lower highs and lower lows. This consistent downward movement reflects sustained selling pressure, indicating that market sentiment favors...
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AUD/USD managed to regain the smile and leave behind four consecutive daily retracements on Monday, gathering some traction soon after hitting lows not seen since April 2020 near 0.6130.The pair remains weak and faces the next support at the 2025...
After bottoming out just below the 1.2100 support, GBP/USD now regains some composure and attempt a modest rebound, although the British pound is expected to remain under pressure following the UK fiscal scenario and higher gilts From a technical...
From my perspective, the GBP/USD pair on the H1 timeframe showcases a clear bearish trend that has developed over the past sessions. The consistent formation of lower highs and lower lows suggests a dominant selling pressure, with buyers unable to...
