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GBP/JPY Touches First Target – Forecast for June 25, 2024

GBP/JPY Price Analysis Expected Scenario The GBP/JPY pair experienced a brief corrective bearish wave yesterday but stabilized above the additional support level of 201.40. It successfully...

EUR/GBP Repeats Negative Closings – Forecast for June 25, 2024

EUR/GBP Price Analysis Expected Scenario The EUR/GBP pair remains consolidated within a minor bearish channel, currently influenced by the strong resistance at the 0.8485 level. This...

GBPJPY Surpasses Key Barrier – Forecast for June 24, 2024

GBPJPY Price Analysis Current Scenario The GBPJPY pair has reactivated its bullish trend by surpassing the key barrier at the 201.40 level. This upward movement has...

GBPJPY Price Analysis – Forecast for June 21, 2024

Expected Scenario The GBPJPY pair has shown signs of postponing its bullish momentum, primarily due to repeated negative closes below the barrier at 201.40. This...

GBPUSD Price Awaits Confirmation Signal – Forecast for June 20, 2024

Current Situation The GBPUSD pair remains confined within a narrow range, oscillating between a support level at $1.2700 and a resistance level at $1.2730. As...

Which is the Richest Foreign Currency?

The concept of the richest foreign currency often captivates the imagination of investors, travelers, and economists alike. The strength of a currency is influenced...

GBP/JPY Postpones Decline – Forecast for June 18, 2024

GBP/JPY Price Analysis The GBP/JPY pair encountered resistance at the 199.00 level, establishing new support against the correctional bearish wave. This led to a postponement...

Which Currency is Mostly Used in the World?

The global economy is an intricate web of financial transactions, trade agreements, and currency exchanges. Among the myriad currencies circulating today, one stands out...

GBPCHF Correctional Bearish Trend Persists – Forecast for June 14, 2024

GBPCHF Price Analysis Amidst the prevailing market conditions, the GBPCHF price has succumbed to the resistance barrier at 1.7590 following a recent bullish rally. This...

Why does spread increase at night?

Forex trading operates around the clock, with markets open 24 hours a day, five days a week. However, traders often notice an increase in...

Which Currency is the Most Expensive?

In the global financial system, currencies play a crucial role in facilitating international trade, investment, and economic stability. Among the myriad of currencies circulating...

Why is my spread so high in forex?

For traders in the foreign exchange (forex) market, understanding the concept of spread is essential. The spread refers to the difference between the bid...

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