Tag: Technical analysis GBPUSD

GBPUSD recently lost momentum as it approached the uptrend line, signaling a potential shift in the market. Although the pair broke the long-term ascending trendline, it is currently trading within a narrow range after...

GBPUSD has been on a downward trend for the past four weeks, dropping below the 1.3000 mark and hitting a new low of 1.2943. Technical indicators show that there is still a strong selling...

GBPUSD Makes a Volatile Move Before FOMC MeetingThe GBPUSD experienced a significant move in the early US session, breaking above a key resistance area between 1.3221 and 1.3230. This move was discussed in detail...