The GBP/USD currency pair has recently experienced a period of decline, reflecting a complex interplay of technical indicators and market sentiment. Initially, the GBP/USD showed strength, rising from its starting point. However, it struggled to...
GBPUSD The British Pound performed well today, meeting expectations and outperforming the Euro. The Pound is an honest "man". Despite giving a buy signal yesterday, the Pound did not rise. However, this signal was filtered and ignored because it...
Gold prices experienced a significant decline on Thursday, reaching a two-week low of $2,364. This downturn was primarily attributed to a stronger-than-expected US economic performance in the second quarter, as reported by the Bureau of Economic...
What is the On-Balance Volume Indicator (OBV)? On-Balance Volume Indicator (OBV) refers to a technical indicator of momentum that utilizes the positive or negative flow of the volume of trading to reflect the relative buying and selling...
British pound versus US dollar Have a nice day everyone! Daily chart. The linear regression channel is in a bearish state, which shows the strength of the seller. The advantage is in the southern direction, going to the lower edge of the channel...