T E C H N I C A L _ A N A L Y S I S G B P / U S D Good morning to all forum friends and respected moderators. Yesterday, GBP/USD traded slightly in the lower direction and closed the day around the 1.2390 price area. Today, I want to analyze the...
I observe that the GBP/USD daily chart shows a prolonged downward price channel that was active from October to February, characterized by consistent lower highs and lows. This pattern reflects sustained bearish sentiment during that period. I note,...
The EUR/USD pair exhibited a strong upward trend on Wednesday, advancing by 0.39% to reach 1.0420, signaling a resurgence of buyer activity. This positive momentum is underscored by the pair's decisive breach of the 20-day simple moving average...
GBP/USD Struggles for Direction as Market Tensions Build(February 6,2025) Pound’s Rocky Path: Uncertainty at Every Turn The British pound has been holding around $1.25, but it’s feeling the weight of shifting economic forces. The Bank of England is...
GBP/AUD Greetings and Good Morning guys! The Australian Retail sales were not too good for the sellers of GBP/AUD. However, the coming days can help the sellers to cover their previous losses. We know that the last week was not too good for the UK...
