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February 5, 2025 The GBP/USD pair is trading around 1.2530, reflecting a recent upward trend. Technical Indicators: Moving Averages: The pair is trading above its 20-day Simple Moving Average (SMA), indicating a bullish trend. Relative Strength...
EUR/USD Analysis: Current Market Outlook Current Trend and Price Action The EUR/USD pair is currently in an uptrend on the H1 time frame, with the price situated at 1.0414. The Relative Strength Index (RSI) is positioned below 70, indicating that...
GBP/JPY MarketOutlookk Greetings and Good morning guys! The overall market sentiment of GBP/JPY looks in favor of buyers. They can cross the 193.77 zone this week. Also, the UK MPC Official Bank Rate can change the market sentiment tomorrow. The...
USDCAD Daily Chart Yesterday on the daily chart of the Canadian dollar, the price was falling all day. It tested the resistance, then began to decline. It broke through the support of 1.43432, the support was broken and it consolidated below these...