GBP/USD H-4/ 1.2701 The Pound Sterling faced challenges on Wednesday, attempting to breach the 1.2700 level but ultimately falling short. The broader market remains subdued following a sharp decline triggered by a series of disappointing US...
USD/CAD CURRENCY PAIR ANALYSIS 08 AUGUST 2024 From what I see since the beginning of the week, it is clear that the bearish price in the UsdCad pair has been able to pass the simple moving average zone of period 100. From the latest technical...
AUD/USD Pair Forecast Persistent Seller Pressure The AUD/USD currency pair is currently experiencing significant selling pressure. On the daily timeframe, previous support levels have now turned into resistance. This transition is illustrated by a...
GBP/JPY H4 TIME FRAME CHART. GBP/JPY. It is still far away. It is not a fact that the GBPJPY pair will continue to rise. Yesterday, the price could not move above the lower MA, returning to the middle Bollinger band, which is at 184.83 and is now...
Trading Idea: GBP/USD - A Bearish Outlook The current market conditions present an opportune moment to consider selling the GBP/USD currency pair. As of now, the pair is trading at around 1.27018, and several technical indicators suggest that a...