GBPUSD Technical Analysis GBPUSD is in a strong downtrend on the H1 timeframe, currently trading at 1.28936. The 150-period moving average (MA) is sharply declining, confirming bearish momentum. The price remains below this MA, reinforcing the...
General Points about GBPUSD: Today, the UK Construction PMI data will be released, which could further strengthen the Pound. An economic indicator reflecting the performance of the construction sector and providing insight into overall economic...
EUR/USD Technical and Fundamental Analysis The EUR/USD pair is currently in a strong uptrend supported by a bullish market structure. The price trades above the 50-day SMA and the 200-day SMA, confirming the trend's strength. The pair tests a key...
GBP/USD As of today, March 6, 2025, GBP/USD is holding strong, reaching a four-month high around 1.2925. The pound's recent bullish momentum is largely driven by global economic shifts and U.S. policy concerns. Fundamental Analysis ECB Rate Cut –...
EUR USD today technical analysis As of March 6, 2025, the EUR/USD currency pair has experienced a notable surge, reaching levels not seen in four months. This upward movement is primarily attributed to increased European fiscal spending and a...
