TRADING CHART ON GBP/USD H1. The chart provided is an hourly chart for the GBP/USD currency pair, showcasing price movements from early November to mid-December. Key components include the price action itself, a moving average (likely a 50-period...
Hello,GBP/USD extended a two-day winning streak on Tuesday, gaining a fifth of a percent and reclaiming the 1.2700 handle, but only just. The cable is paring last week’s losses to return to the near-term mid-range. The relative strength index...
The currency pair has been struggling in recent sessions, with the Euro losing ground against the Dollar. As of Wednesday’s early trading, the price dipped to around 1.0500, marking a notable decline. The Euro's weakness was driven by a budget...
Hello. Yes, yesterday they moved in both directions, but today the sellers were able to calm down and continue to develop the downward movement, which they began to develop at the end of last week. They were able to break through and consolidate...
The Euro currency outlook remains strong despite a mix of pessimistic and optimistic economic data from the European Union region. This may be due to the Swiss National Bank (SNB) lowering interest rates last week, weakening the Swiss Franc. The EUR...
