The British pound (GBP) took a tumble against the US dollar (USD) early on Thursday, after flirting with a three-month high. This decline comes despite ongoing weakness in the dollar. The dollar's woes stem from disappointing US inflation data. The...
Hello everyone, I will be discussing the trend of the GBPUSD currency pair. The GBPUSD pair ended the trading week with a bullish candle, showing signs of bullish momentum. On the daily time frame, the currency pair has been in a clear uptrend,...
USD/CHF In the early part of the European session on Friday, the USD/CHF pair recovered close to the 0.8945 mark. This movement followed the release of important economic data and developments i n the market. A key factor that influenced the pair...
The price of the currency pair was falling today, and probably many were waiting for this correction. There will also be evening news from the States. And today is Friday; I’m sitting outside the market, and most likely I won’t tradene pair is...
Technical analysis involves studying historical price data to forecast future price movements. One of the primary tools used in technical analysis is chart patterns. These patterns form due to the price action of a currency pair and can signal...