GBP/USD Technical Analysis There was no increase in the European Core CPI Rate yesterday. The buyers, however, successfully crossed the 1.3415 level with a breakout. According to the chart below, buyers have developed bullish and bearish views. The...
GBP/USD Weekly chart: As we can see, the flat price channel was broken earlier, after which the pound/dollar pair returned to the upward trend and a new price channel was formed - an upward one. True, the channel has the shape of a northern wedge,...
The AUD/USD 1-day chart shows a bullish market structure, with the price consistently making higher highs and higher lows, currently trading at 0.69019. The chart reveals strong upward momentum, driven by liquidity zones (DLiq) and fair value gaps...
The GBP/USD currency pair experienced a temporary pullback during the Asian trading session on Friday, retreating from its highest levels since March 2022. The decline was partly attributed to a stronger US dollar, which gained momentum ahead of the...
The GBP/USD 1-hour chart displays a bullish trajectory, with the current price at 1.32276. This upward momentum is supported by a series of liquidity sweeps and Fair Value Gaps (FVGs) that have provided the necessary structure for buyers to push the...