The British currency also failed to rise and establish a local maximum. Instead, the price went even lower. Likely, this marks the beginning of a correction of the formed upward impulse wave. If this is...

The price movement on the last trading day of the past week fully replicated the pattern indicated on the chart. There was a renewal of the local minimum and a touch of the upper boundary...

The price predictably continues to move upwards. The dollar confidently controls the situation, strengthening against the Japanese currency. However, this cannot go on indefinitely, and moreover, the current wave is presumably the final one in...

The situation with the GBP/USD pair is unfolding according to the previously considered scenario. Buyers have overcome pressure from the dollar and have successfully counterattacked. The decline, which was corrective in nature and took the...

The joy of the buyers was short-lived. The rise turned out to be corrective with minor advancement. Currently, we are witnessing the collapse of the buyers' efforts. The price has closely approached the previously set...