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GBPJPY Resumes Decline – Forecast for July 25, 2024

The GBPJPY currency pair has continued its bearish trend, confirming its surrender to the negative bias with a significant drop below the previous target...

GBPJPY Experiences Significant Decline – Forecast for July 24, 2024

The GBPJPY currency pair experienced a decline yesterday, settling below the 201.65 level and indicating a shift towards a bearish trend. This morning, the...

What is the Slot Size in Forex?

In the world of forex trading, the concept of "slot size" is crucial for both novice and experienced traders. Also referred to as position...

GBPJPY Hits Target – Forecast for Today, July 23, 2024

The GBPJPY currency pair has maintained its bearish stance below the 204.40 resistance level, benefiting from additional negative momentum provided by stochastic indicators. The...

What is the Benefit of Spread in Forex?

In forex trading, the term "spread" refers to the difference between the bid price and the ask price of a currency pair. This seemingly...

How to Understand Spread in Forex?

In the world of forex trading, understanding the concept of spread is crucial for making informed decisions and optimizing trading strategies. The spread, which...

Which is the Best Spread in Forex?

The spread in Forex trading is the difference between the bid and ask price of a currency pair. It represents the cost of trading...

No Change to the GBPJPY Pair’s Negativity – Forecast for July 22, 2024

Despite the GBPJPY pair forming some bullish waves and settling near 203.50, the previously suggested negative trend remains intact. This is due to the...

Where Does Money Go When You Sell Bitcoin?

Bitcoin, the pioneering cryptocurrency, has revolutionized the financial landscape since its inception in 2009. As more individuals and institutions embrace Bitcoin as a store...

How Do You Maximize Profit in Forex Trading?

Forex trading, also known as foreign exchange trading, offers substantial opportunities for profit in global currency markets. However, achieving consistent profitability requires strategic planning,...

GBP/USD Price Under Negative Pressure – Forecast for July 19, 2024

The GBP/USD price has continued to decline, breaking the intraday bullish trend line and heading towards an expected decline in the upcoming sessions. The...

GBPJPY Faces Significant Losses – Forecast for July 18, 2024

The GBPJPY pair encountered substantial downward pressure yesterday, initiating bearish movements after breaking below the critical support level at 240.45, resulting in considerable losses...

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