GBP/USD D-1 ANALYSIS Chart D1 - GBPUSD currency pair. Sellers have dominated the last couple of weeks and it was already clear in advance that there was a very high probability of a fall. The MACD indicator used had a bearish divergence - a strong...
The current price movement indicates the early stages of a bullish trend, making the buy option an attractive reference for future trading opportunities. I am closely analyzing the price action with the concept of the moving average, and it appears...
Trading Analysis Update Saturday, October 12, 2024 H4 Chart Review The structure of the EURUSD pair price movement pattern in this week's trading clearly shows that the market stopped under selling pressure coupled with a trend that remains...
The GBP/USD currency pair is currently exhibiting positive trading momentum, successfully breaching the 50-period Simple Moving Average (SMA) and stabilizing above it. This development is significant, as it reinforces expectations for a bullish...
TRADING CHART ON EUR/GBP H4. The EUR GBP price increased last week but could not maintain the momentum this week. It reached the resistance level of 0.8426 and touched a high of 0.8433. However, when the price corrected downwards towards the 50-day...