* GBPUSD: Bearish below the level of 1.2770, targeting the levels of 1.2670, 1.2600 and 1.2560 * Bullish prospects above the level of 1.2770 with potential targets at 1.2830, 1.2890 and 1.2930 ...
GBP/USD Trading Analysis Greetings and Good Morning to Everyone! Today, the UK Claimant Count Changes and Average Earnings Index will bring changes and volatility in the market of GBP/USD. These economic indicators are pivotal, as they provide...
AUD/USD Forecast Greetings and Good Morning guys! The market of AUD/USD pulled back and crossed the 0.6600 zone yesterday. And, the buyers can get benefits from the Australian Unemployment and Employment data release mints. Overall, I foresee an...
WHAT IS PRICE ACTION IN FOREX Price action in Forex refers to the movement of a currency pair's price, which is the basis for trading decisions in the price action trading strategy ¹ ² ³ ⁴. It involves analyzing market price movements, recognizing...
On the H4 time frame, the GBP/USD pair created a bullish candle after hitting the 1.2685 support level but has since resumed its downward movement. This suggests that the price is currently in a bearish trend. Over the past week, the price has been...