EURGBP Daily Time Chart Analysis The EURGBP currency pair recovered to the 0.8290 support level. Both currencies trade between their 20-day and 50-day simple moving averages (SMAs). This situation represents neutrality in the short term. However,...
General Points about GBPJPY Considering the bullish trend in GBP/JPY, the market has the potential to move higher and break the 193.77 level. The pair has been showing strong upward momentum, indicating that buyers remain in control. If the bullish...
THE CURRENCY PAIR GBP-USD The GBP/USD pair has reached its target level of around 1.25. Now, most likely, there will be a small pullback and consolidation in anticipation of the results of the Munich Security Conference, which starts tomorrow. If...
The GBP/USD pair in the H1 timeframe exhibits a clear upward momentum, with price action breaking above key resistance levels. The presence of Bollinger Bands suggests that volatility has been increasing, and the price is currently testing the upper...
#EUR/USD How did you like yesterday's volatility after the US CPI release? The sharp southward movement of the EUR/USD pair, right after the release of the data, is not surprising, the statistics showed an increase in the inflation rate in the US,...