Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 1.9920 resistance and 1.9757 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
GBP/USD has surged to its highest level in two months, trading above 1.2650 in the European session on Friday. This upward momentum is largely driven by the stronger-than-expected UK Retail Sales data for January, which showed a robust increase of...
GBPUSD outlookThe GBPUSD currency pair is experiencing downward pressure primarily due to the robust performance of the US Dollar and worries regarding the economic conditions in the UK The Federal Reserve's aggressive monetary policy and the...
General Observations on EURJPY The EUR/JPY pair has hit a level of 156. 27, indicating that sellers are firmly in charge of the market. The pressure from sellers has pushed the price lower, and if the negative sentiment continues, we might observe...
The GBP/USD H4 chart presents a compelling technical setup with notable price action, trend structure, and key levels to consider. The market has experienced a strong downtrend from the 1.35 region, forming a series of lower highs and lower lows....
