GBP/USD price is moving from 1.275 to 1.235 because 1.266 is resistance level and 1.235 is support level. today is Friday and market last day. today market trend is mostly bearish if you trade sell today you can get good profit ....
Market Fundamentals: The latest data from the Bureau of Labor Statistics revealed that the US Consumer Price Index (CPI) rose by 2.9% year-over-year in December, aligning with market expectations and exceeding the previous reading of 2.7%....
Forex Flat Wave and How to Utilize It Properly Forex trading involves various market patterns and strategies, one of which is the Flat Wave in Elliott Wave Theory. This pattern helps traders identify potential price movements and make informed...
Core Points about GBPAUD: Recently, UK news events have not been particularly strong, whereas Australian news events have significantly strengthened the AUD. The UK economy has shown signs of weakness, with economic indicators failing to provide...
February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...