GBP/USD As of today, I’ve been keeping a close eye on GBP/USD, and it’s shaping up to be an interesting pair with both fundamental and technical factors at play. Fundamentally, the pound has been holding its ground against the U.S. dollar after...
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...
Analyzing the M30 chart for the GBP/AUD currency pair, it appears that we might continue to experience a downward trend, albeit after a potential retracement. Recently, the price experienced a significant drop, which resulted in the breach of a...
The GBP/JPY currency pair showed signs of recovery during the Asian trading hours on Wednesday, bouncing back from a 0. 22% drop that occurred on Tuesday. This increase is indicative of a renewed willingness to take risks among investors, especially...
In the world of forex trading, technical analysis is a critical tool used by traders to make informed decisions about their market positions. One popular approach involves the use of various indicators to gauge market momentum, trends, and potential...
