Analyzing the H4 time frame reveals that the bearish trend remains evident, with the price consistently trading below the EMA 200 H4, indicating a bearish bias. Despite this, the two smaller EMAs in the same timeframe have not fully reacted to the...
EUR/GBP TECHNICAL ANALYSIS: On the EUR/GBP H1 time frame, we have observed an interesting development that has given the EUR/GBP bulls an opportunity to capitalize on the market. The recent rebound from a key support level has provided a favorable...
The GBP/USD pair continued its downward trajectory, falling below the 1.3100 support level during the New York trading session on Friday. The fading expectations of a 50 basis point interest rate cut by the Federal Reserve, following the release of...
Good morning all forum friends, I hope you all are fine and enjoying this analysis. Today, we’ll take a closer look at the GBP/AUD pair on the H4 time frame, where the British pound has weakened against the Australian dollar after a period of...
GBP/USD Price Activity Our conversation concerns decoding the live GBP/USD currency pair's pricing. The expectations for the market are at odds with the technical analysis, as they were likely to Friday's news, which did not lead to a downward...