Market Analysis – 153.500 Supply Zone Rejection Makes GBPJPY Fall GBPJPY falls after being rejected at the 153.500 Supply Zone. The upwards trajectory of the GBPJPY has been normalized starting from the 23rd of February 2021 to follow an ascending trend line. The key levels remain influential as …
GBP/USD Trades Within Bearish Channels
British Pound Price Prediction – July 6There has been a long-featuring of the GBP/USD’s price trades within bearish channels. The currency pair records a valuation of around 1.3848 at a percentage rate of about 0.09 as of writing.GBP/USD MarketKey Levels: Resistance levels: 1.3900, 1.4000, …
NZDUSD Employs Double Bottom Reversal Pattern to Shoot Price Upwards
Market Analysis – NZDUSD to Break Upwards Using a Double Bottom Reversal Pattern NZDUSD employs double bottom reversal pattern to help it beat the 0.71050 resistance and move the market upwards. The major trading zone for the market since the turn of the year is between 0.73100 and 0.71050 key …