The GBP/USD pair remains tightly wound around the 1.2450 level, reflecting a period of consolidation as traders await key economic data from both the UK and the US. The Pound Sterling is under scrutiny as markets anticipate the release of the UK’s...
Technology Outlook USD/JPY daily chart From a technical perspective, a sustained break above the confluence barrier of 152.75 could be considered a key trigger point for bullish traders and support further intraday appreciation moves. The...
NZD/USD has shown a clear inclination toward further declines, with current price action suggesting that a drop of 20–30 pips remains the most probable scenario. The pivot point at 0.5661 plays a pivotal role in shaping market behavior, as it could...
If buyers fail to generate at least minimal upward movement and the price declines, breaking through my bearish sell level at 1.23887, this will serve as a confirmation of downward momentum. In this scenario, I will close my buy position at a loss...
The GBP/USD pair is currently consolidating around the 1.2450 level, with price action hovering near key medium-term technical levels. Traders are awaiting the release of the latest UK GDP growth data, which will provide crucial insights into the...