EURUSD, a major indicator of Euro’s strength, finds itself in a state of indecision, with sideways movement near 1.0850 following two consecutive weeks in negative territory. The absence of clear recovery signals in the near-term technical outlook reflects the cautious stance of market participants. As the pair navigates this period of uncertainty, all eyes are […]
Key Highlights GBP/USD started a fresh increase above the 1.2750 resistance. A major bullish trend line is forming with support at 1.2670 on the 4-hour chart. EUR/USD surged above the 1.0535 and 1.0620 resistance levels. Crude oil prices remained in a bearish zone below $68.50. GBP/USD Technical Analysis The British Pound formed a base and […]
The post GBP/USD Pushes Higher Amid Bullish Momentum appeared first on Action Forex.
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