Currency Pair Behavior: GBP/USD Our analysis focuses on the GBP/USD currency pair's pricing behavior. Despite Friday's fluctuations, GBP/USD remains uncertain about its direction. The pair exhibited two reversal patterns on the hourly chart: a...
In early trading on Friday, the New Zealand Dollar rose slightly compared to the US Dollar despite struggling to go above the 0.5900 mark. Investors are being cautious and waiting for US inflation data. There is a growing belief that interest rates...
The GBP/USD currency pair experienced a challenging week, closing Friday with a modest 0.13% gain. This follows a half-percent decline over the week, marking the second consecutive week of bearish momentum. The pair has retreated from a 12-month...
Trading Signals in Silver We're currently engaged in a discussion regarding analyzing Silver's current pricing behavior. We observe a break above the 27.79 level, indicating a high probability of consolidation above this mark. This suggests an...
GBP/USD D-1 Hello, Freeman! Let's open the daily chart of the British pound and see that the earlier "price wedge" pattern was broken, in which there was a long period of flat trading - over 1 year. Now we see the flat pattern is broken, and the...