The British pound (GBP) experienced a significant decline against the US dollar (USD) on Wednesday, falling below the crucial 1.2500 level and briefly dipping below 1.2350. This weakness in sterling coincides with a lack of substantial economic data...
The British pound staged a modest recovery against the US dollar on Friday, appreciating by approximately 4% to close the first trading week of 2025 at 1.2400. While early Friday morning saw the release of disappointing UK macroeconomic and consumer...
I will begin my analytical forecast by examining the H4 timeframe. On this chart, Bitcoin recently broke out of the technically valid ascending price channel that it had been following from early 2021 through late 2024. This shift occurred after...
The Euro experienced further weakness against the US Dollar on Wednesday, with the EUR/USD pair dipping below the 1.0300 level. This decline occurred as currency traders assessed mixed economic data from the Eurozone while anticipating the release...
GBP-USD PAIR FORECAST If I look at the history of the GBPUSD currency pair movement which last week experienced a bullish correction but for the monthly trend the bearish movement is still happening. It turns out that the same condition also...