GBPUSD price action recently rallied towards the 1.2800 price mark, and it broke through it. However, not long afterward, the tailwind was exhausted as price action tested the 1.2836 price mark. At this point, the market seems headed toward support levels at the 1.2700 price mark. Major Price …
From June 13 to June 17, the D2T market consolidates below the 20-day moving average. Then on June 17, it had another significant bearish breakout, plunging the market below the $0.007 price level. The bearish price was rejected at $0.006474 on the same day, but bears appear to now be occupying the …
GBPJPY Analysis: Market Faces Bearish Pressure as the Price Hits 177.0600 GBPJPY faces bearish pressure as the price hits 177.0600. Since the market’s previous downward structure reversed, the GBPJPY has been climbing quickly. On the other hand, the RSI indicates that the market is already …
