Currency pair GBPUSD H-4 chart. The wave structure is currently built in an ascending order, the MACD indicator is in the upper purchase zone. The price is also at the horizontal support level of 1.2625. Last week, the price did not move much;...
GBP/USD: Technical Outlook H-4 Chart The daily chart shows that GBP/USD finally gained acceptance at static resistance in the 1.2640 area on Thursday. The upside breakout also prompted buying to continue picking up above the 100-day simple...
The NZD/USD currency pair remains under strong bearish pressure, as price action consistently fails to break above the crucial pivot level of 0.5765, which currently acts as a significant resistance point. As long as the price remains below this...
TRADING CHART ON USD/JPY H4. Weak US economic news late last week made it harder for USDJPY to increase. The price has mostly dropped since Monday's market opening. The opening price of 152.34 was lower than both 152.78 and the EMA 50. When the...
The EUR/GBP pair remains trapped in a strong downtrend, with price action persistently trading below the key resistance level of 0.8288. As long as this resistance remains intact, the bearish outlook is expected to dominate market behavior, with...
