GBP/JPY Price Analysis: Overbought Levels Despite the BoE's announcement yesterday, GBP/JPY jumped to resistance at 201.43, setting a new bullish record level before settling around 200.80 at the time of writing. Ahead of the release of UK...
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,...
GBP/ USD Price Movement The GBP/ USD Currency pair's price action will be the subject of our analysis and discussion. The past week on the hourly chart of the pound-dollar began with a decline to the trading level of 1.26534. Near this level, it...
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...
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,...