Currency pair GBPUSD - consider the chart of the H4 period. This week began with some growth that died down. And the pound got stuck in place. The euro dollar gave a downward correction, and the pound could not yet. And at the beginning last week on...
GBP/USD - 20 February: Inflation in the UK does not support bulls On the hour graph, GBP/USD bounced the third consecutive time from 1.2611–1.2620 resistance zones, noticing a slight decrease towards 61.8% Retracement level to 1.2538. Today, the...
The traditionally safe-haven price faces potential headwinds as geopolitical tensions in the Middle East show signs of easing. Market participants are closely monitoring ongoing negotiations for a long-delayed ceasefire agreement and a hostage...
Technical Analysis of GBP/USD The GBP/USD pair is currently trading at 1.26010, reflecting a cautious market sentiment as it hovers near key technical levels. The pair is positioned between the immediate support at 1.25938 and the resistance level...
I often find myself reflecting on the nature of the market, especially during periods of inactivity. I think it’s interesting how, when nothing significant happens, we tend to overanalyze and search for reasons behind the lack of movement. I believe...
