A bearish week for the brace, as the price began trading within the price triangle that was formed as a result of the confluence of the bearish red channel,whichrepresentsthe price movement during the former week only.The blue upward channel...
The GBP/USD exchange rate, currently at 1.2640, reflects the relationship between the British pound (GBP) and the United States dollar (USD). This pair is one of the most traded currency pairs in the forex market, known for its liquidity and...
Crude Oil Price Action The discussion is currently analysing the Crude Oil price behaviour. The lower boundary of the Ichimoku cloud serves as a strong support, while the upper boundary acts as a strong resistance. When the price enters the cloud,...
The GBP/USD currency pair, representing the British Pound against the US Dollar, is currently trading at 1.2669. The trend has been bearish, suggesting that the Pound has been weakening against the Dollar. While the market has been moving slowly,...
The GBP/USD currency pair is currently trading around 1.2640, and the market sentiment is predominantly bearish. However, there are several factors suggesting that we could witness significant movement in the coming days. ### Current Market Overview...