Forecast for GBP/USD on December 4, 2024 The movement of the pound sterling within the range of 1.2612–1.2708 since November 14 appears to be consolidation, with false breakouts on both sides on November 22 and 29. Following this logic, the price...
The currency pair showed signs of recovery during the early European session on Wednesday, climbing to near 0.5860. The weaker US Dollar (USD) offered some temporary support to the pair, as it remained in the 0.5855 region at the time of the update....
Fundamental and Technical Analysis of USD/CAD: H1 chart: On the hourly chart, USD/CAD is currently testing major resistance near 1.4070. This resistance was a key level as the pair had struggled to break in previous attempts. The key technical issue...
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The Japanese Yen continues to face considerable challenges in its battle against the US Dollar (USD), struggling to mount any substantial recovery. Despite occasional fluctuations, the Yen remains under pressure, hovering close to a three-month low....
