TRADING CHART ON GBP USD H4. The chart provided for the GBP/USD currency pair on a four-hour timeframe presents a comprehensive picture of bearish momentum prevailing in the market. The currency pair has shown a clear downward trajectory, with...
The AUD/USD has been in a downtrend, as indicated by the series of lower highs and lower lows. However, the recent price action suggests a potential reversal or consolidation phase. The pair has bounced from the 0.6200 region and is now trading at...
The currency pair is struggling to maintain momentum after a brief intraday uptick, with its recovery faltering in recent days. Earlier this week, it hit its lowest level since July, dropping to around the 157.00 mark, before attempting a modest...
The currency pair has maintained a positive tone, holding steady around the 0.8950 mark during the early European session on Friday. This follows a period of broad gains for the U.S. dollar (USD), which saw a boost after U.S. data fueled...
The currency pair continues to face significant downside risks, with technical indicators suggesting the bearish trend is likely to persist. The key to determining the next phase of price action will be the pair’s ability to hold or break critical...
