GBPUSD Technical Analysis The GBPUSD pair on the H1 timeframe is exhibiting a strong bearish trend. The price has been consistently forming lower highs and lower lows, confirming a downward market structure. The moving average is sloping downward,...
The NZD/USD currency pair is currently experiencing downward pressure, with traders focusing on the key resistance level set at exactly 0.5751 in today’s session. Market sentiment remains bearish as long as the price continues to trade below this...
Technical Analysis of GBP/USD As of today’s market close, the GBP/USD pair concluded trading at 1.29181, reflecting a bearish sentiment as prices trended downward. The pair has been under pressure, with key technical levels suggesting a potential...
I observe that the EUR/USD pair has exhibited mixed signals across different timeframes, creating a complex technical landscape. On the weekly chart, I note a broad sideways channel with a downward slope, characterized by two distinct bullish and...
Technical analysis of GBPUSD Today I choose GBP/USD for technical analysis, the market price is currently falling in the 1-hour time frame, but the market price broke this trend line, helping the price be higher. The market price retraced after...