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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...

GBP/USD Forecast Update – October 21, 2024

The GBP/USD currency pair is currently trading negatively, approaching the critical $1.3000 level. A break below this level would reinforce expectations of a continued...

GBPUSD Forecast Update – October 18, 2024

The GBPUSD pair is currently experiencing positive trading activity as it tests the 50-day Exponential Moving Average (EMA50), which serves as an intraday resistance...

GBP/USD Forecast Update – October 17, 2024

The GBP/USD pair remains settled below the $1.3000 level, maintaining a valid and active bearish scenario. This outlook is supported by the EMA50, with...

GBP/USD Forecast Update – October 16, 2024

The GBP/USD currency pair is currently experiencing significant downward pressure, successfully reaching our initial target of $1.3000. The price is now attempting to break...

GBPJPY Struggles to Confirm Breakout: Forecast for October 15, 2024

The GBPJPY currency pair concluded yesterday’s trading below the 195.60 resistance level, resulting in new sideways fluctuations as it approaches the support line of...

GBPJPY Price Update and Forecast for October 14, 2024

The GBPJPY currency pair is currently showing stability within a minor bullish channel; however, the absence of positive momentum has resulted in sideways trading...

GBPAUD Price Update and Forecast for October 14, 2024

The GBPAUD currency pair is exhibiting a positive trend, confirmed by recent bullish closes above the support line of the bullish channel at 1.9158....

GBP/JPY Tests Support Level – Forecast for Today – October 11, 2024

The GBP/JPY currency pair is currently experiencing mixed trading, with today's expected range set between 193.00 and 195.00. The pair is testing the support...

GBP/CHF Settles Above Support Level – Forecast for Today – October 11, 2024

The GBP/CHF currency pair has recorded several positive closes above the 1.1150 level, indicating a continuation of the bullish channel’s support. This stability suggests...

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