The price continues to trade near the previously established local high without making any sharp movements. For this reason, considering alternative scenarios at the moment seems impractical. The primary scenario remains unchanged. It suggests the...

The pound also failed to resist pressure from the U.S. dollar, leading to a new low and the cancellation of the previously anticipated zigzag scenario. This movement now resembles a full-fledged downward impulse. Following this,...

Nothing significantly important or interesting occurred with the trading pair during the last trading day. The Euro is making every effort to hold onto the slipping initiative, preparing the ground for a potential surge. The...

While the dollar is weakening against the euro and pound, it is rising against the yen. However, the current setup presents a favorable scenario for a potential decline. The price has moved above the 61.8%...

The price, after a significant decline, has reached the 61.8% level of the previously formed upward impulse, after which it started to rise. It is likely that this marks the completion of the correction, which...