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EURGBP Faces Negative Pressure – Forecast for November 29, 2024

The EURGBP continues to trade within a bearish channel, with the price recently facing resistance around the key level of 0.8360. This has led...

GBPJPY Finds Strong Support and Faces Potential Bullish Reversal – Market Forecast for November 28, 2024

The GBPJPY pair has recently encountered solid support at 190.70, halting the previous downward movement. This support, coupled with stochastic positivity, has led to...

GBPAUD Remains Above Support: Bullish Outlook for November 25, 2024

Despite recent negative pressures, the GBPAUD pair has consistently held above the key support level of 1.9225, reinforcing the previously suggested bullish trend. For the...

GBP/USD Price Forecast – November 22, 2024

The GBP/USD pair continues its downward trajectory, attempting to break the key support level of $1.2566. This movement strengthens expectations of a sustained bearish...

GBPUSD Price Forecast: Bearish Trend Continues Below Key Resistance

The GBPUSD pair is showing a slight bearish bias, as it attempts to resume the expected downward trend on an intraday basis. The negative...

GBPAUD Forecast Update – 20th November 2024

Despite the GBPAUD pair's need for positive momentum recently, its repeated stability above the bullish channel support at 1.9225 keeps the bullish track intact....

GBPCAD Activates Bearish Correctional Trend – Forecast for November 11, 2024

Despite trading within a bullish channel, the GBPCAD currency pair has faced consistent pressure below the 1.8110 barrier, signaling a shift towards a correctional...

GBP/USD Price Forecast – November 7, 2024

The GBP/USD pair is showing a bullish bias as it tests the 50-period Exponential Moving Average (EMA), which is acting as a strong resistance...

GBP/USD Forecast Update – November 6, 2024

The GBP/USD pair has successfully reached our initial target of 1.2866$ and is currently testing this level from below, reinforcing the expectation of continued...

Does Bearish Mean Buy or Sell?

In the world of finance and investing, terms like "bearish" and "bullish" are frequently thrown around. Understanding what these terms mean and how they...

GBP/USD Forecast Update – October 23, 2024

The GBP/USD currency pair has been trading within a narrow range since this morning, maintaining its expected bearish trend. This outlook hinges on the...

GBP/USD Forecast Update: October 22, 2024

The GBP/USD currency pair is currently testing the $1.3000 level, maintaining stability below it, which supports the validity of the bearish trend scenario for...

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