We are currently engaged in an ongoing analysis of the GBP/USD currency pair price movements. The trading day concluded with attempts to push the price upward, but now, I am observing a reversal pattern that suggests a potential move to the short...
The British Pound (GBP) fell on Friday after three days of gains, as the US Dollar (USD) got stronger. The GBP/USD rate dropped to around 1.2760 when the US Dollar Index (DXY) went above 105.00. This happened even though US economic data on Thursday...
For oil on the weekly chart, the price was quite confidently pushed to the north, as a result of which a full bullish candle was formed, which was able to easily break through and confidently consolidate above the resistance level, which, according...
The GBP/USD currency pair, also known as "Cable," is currently trading around 1.2691, with a noticeable bearish trend. The recent price action suggests a sluggish market, but several factors indicate potential for significant movement in the near...
NZD/USD : Currently, the NZD/USD exchange rate is at 0.6134, reflecting a bearish trend in the market. This downward movement suggests a gradual decline in the value of the New Zealand dollar relative to the US dollar. However, despite the current...