GBP/USD Price Movement Update GBPUSD fell again in the market movement last Friday after buyers failed to bring the price up and break the resistance line of 1.2522. However, the decline that occurred was not significant and until the close of the...
The GBP/USD H4 chart reveals a dominant downtrend over the past several months, with consistent lower highs and lower lows forming a bearish market structure. The 50-period moving average (red line) has acted as dynamic resistance, capping price...
EURUSD Technical Analysis: The market has been in a consistent downtrend after getting rejected from the $1.05300 level. The price is currently hovering around the minor support level of 135, which could serve as a key turning point. If this support...
I believe Bitcoin’s recent failure to surpass the critical resistance level of $106,448 highlights a pivotal moment in its price action, as this zone has historically acted as a psychological and technical barrier for traders. I interpret this...
### **1. ECB Policy and Weak Eurozone Economic Growth** The ECB has lowered the benchmark interest rate by 25 basis points to 2.75%, which is approaching the neutral range of 1.75% to 2.5%. This decision was driven by stagnant economic growth in...
