Traders should approach the currency pair with caution, particularly given the current mix of economic and geopolitical risks influencing the market. The pair has recently shown a modest rebound after declining, but the overall sentiment remains...
GBP/USD traders face a critical week as central bank decisions could shake the pair out of its range. Inflation data and GDP reports add another layer of intrigue and set the stage for potential volatility. Key technical levels at 1.2350 and 1.2850...
General Point about GBPUSD: The GBP/USD market has been under significant pressure in recent sessions, largely due to seller dominance. Despite the relatively positive economic data from the UK, including the Flash Services PMI rate, Claimant Count...
Currency pair EURUSD - H4 period chart. No changes last Monday, not more than half of Tuesday did not bring, went down and up again, in place. Well, last week the first trading day was growing, but then the growth stopped and the price decreased,...
AUD-USD PAIR REVIEW On the H1 timeframe, the AUD/USD pair is in a consolidation phase with the current candle moving inside the Ichimoku cloud. This condition reflects market uncertainty, where buyers and sellers have not shown clear dominance. The...
