On Friday, GBP/USD closed at 1.2162 during the US session, confirming that the pair remains within a descending channel. I noticed on the H1 chart that there have been multiple attempts to shift the trend to bullish, but each time, the price was...
The British pound sterling (GBP) experienced a significant decline against major currencies on Friday, following the release of disappointing retail sales data from the Office for National Statistics. This data revealed a 0.3% contraction in retail...
The GBP/USD market analysis highlights a bearish inclination, primarily dictated by the pivot point at 1.2205. This level represents a critical threshold, with downside momentum prevailing as long as the price remains below it. The RSI indicator’s...
Bitcoin has shown a fairly strong bullish trend in the past few days, driven by positive momentum from various fundamental and technical factors. The current price is around $104,138 with an upward trend after consolidating at lower levels. With...
EUR/USD If the price value of EURUSD had consolidated above the level of 1.0300, then we could have gone higher. But alas, during the American trading session, the EURUSD quotes began to decline. And so, in small steps we reach the level of 1.0260....
