The AUD/USD pair is inching closer to the 0.6300 level, supported by mixed U.S. economic data that has weakened the U.S. Dollar and bolstered risk sentiment across markets. However, the pair’s upside potential is being capped by growing expectations...
The GBP/USD currency pair remains under selling pressure, with an anticipated decline of 47 to 70 pips if the price continues to trade below the pivot point of 1.2536. This level acts as a significant resistance zone, with a preferred downside...
Forex Market Outlook 06 February 2025 Good morning to all respected forum members and moderators. Hopefully you are all in good spirits to welcome the mid-week market. How about last week's trading results? Hopefully it is still consistently...
GBP/USD is trading in a bearish zone, with an expected decline of 47 to 70 pips if it remains below the key pivot point of 1.2536. This level acts as a significant resistance, and a move below it strengthens the bearish case for a drop toward...
Market analysis Thursday, February 6, 2025 GBPUSD Good morning, It seems that the GBPUSD market is still on a journey like the early trading period of the month which is moving in an Uptrend. I monitor the market situation in the middle of this...
