GBP/USD Analysis There will be a strong Friday session for GBP/USD. The European market session is when important UK data is expected, and the US Purchasing Managers Index (PMI) activity surveys are scheduled to conclude the trading week. This week,...
When analyzing the potential movements of a currency pair, specific price levels often act as crucial indicators for traders. In this case, if the price exceeds the level of 1.2680, it is likely that the pair will experience upward momentum. This...
GBP/USD H-1 Today's analysis is centered on the GBP/USD currency pair. Currently trading at 1.2682, the technical indicators signal a bearish trend. Both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD)...
alternative option for price action when the support level is reached at 0.90112 would be a plan in which the price stabilizes below this level and moves further south. If this plan develops, I would wait for the price to break through the support...
An alternative scenario when approaching the resistance level at 0.66799 or the resistance level at 0.67141 would involve a reversal candle formation and a downward price movement. If this scenario unfolds, I will expect the price to return to the...