On the GBP/USD W1 time frame chart, the currency pair is currently trading at 1.3153, and the overall market sentiment appears to be leaning toward the bearish side. Over the past few weeks, the pair has experienced a gradual downward trend,...
USD/CHF The price is within an inverted triangle. Earlier today, it dropped to the lower boundary of this triangle, reaching 0.8242 before reversing upward. The pair will likely continue climbing, potentially reaching 0.8488. Once it hits this...
NZD/USD NZD continued to grow in the previous trading week, finding support at 0.6198, establishing a new uptrend. The price was able to rebound from this level and continue moving up, reaching a new local maximum above 0.6303. However, having...
The British Pound has seen its rally stall over the past week, with price action suggesting that the momentum it gained earlier is beginning to fade. While the short-term movements indicate a drift from this week’s peak, the technical outlook...
The GBP/USD exchange rate is facing a challenging landscape, driven by mixed economic influences on both currencies. The pair recently broke below the previous day's low of 1.3352, tumbling by more than 137 pips. This sharp movement underscores the...