General points about EURUSD: At the moment, the EURUSD market has reached the 1.1118 level, and due to the negative Core PPI and Unemployment Rate data from the USA, the dollar has weakened. The impact of these figures highlights the market's...
Trade Summary Today’s trade on GBP/USD didn’t go as planned. I entered a sell position on the M15 timeframe at 1.28759. My stop loss was set at 1.28820, and the take-profit target was 1.28365. The lot size was 0.5. Unfortunately, the trade ended in...
GBPUSD Technical Analysis H1 Timeframe The GBPUSD currency pair trades around 1.29484, showing a moderately bullish tone in the H1 timeframe. Utilizing the Zigzag indicator, the pair has recently printed a higher low near 1.2885, indicating a...
Forecast of GBPUSD The price of the GBPUSD has been following the top and bottom levels of the ascending channel on the daily time frame chart for the past two months, which has caused the overall price to rise significantly. For the benefit of the...
GBP/USD increased to the third consecutive session and reached 1.2857, especially the driven weaker US dollar when the tension of business trade tension in the US. Key factors affecting GBP/USD movements China has increased tariffs to American goods...