GBP/USD Technical Analysis Investor confidence that price pressures will settle close to the target rate will rise in response to the anticipated drop in UK inflation. This will increase anticipations of an early Bank of England (BoE) rate decrease....
There are no macroeconomic events scheduled for Monday. Thus, low volatility and weak movements are expected for both currency pairs during the day. The European currency may adjust slightly upwards, but it should be remembered that the main trend...
The image depicts a candlestick chart of the GBP/USD currency pair, showcasing its price movements over a period. Here's a detailed analysis based on the chart: ### Overview The chart shows the daily price movements of the GBP/USD currency pair. Key...
EUR/USD Pair: The EUR/USD currency pair has shown interesting behavior in recent days. Yesterday, the pair almost managed to close the existing gap but failed. Today, there is anticipation that it will make another attempt to close this gap. If...
EUR/USD daily H1 timeframe chart Greetings. In the H1 chart, a downward channel with a trajectory is evident, marked in blue in my drawing. The current decline hit EUR/USD daily H1 timeframe chart its lower boundary at 1.0709. Following this, the...