Sellers have managed to fully retrace the previous sharp price surge, confirming earlier assumptions about a further impulsive decline. Buyers now appear weakened, giving the Japanese yen an opportunity to strengthen slightly. There is a...

The price of the pair failed to continue its upward movement and has started a slow pullback. Presumably, this is due to the fact that wave 3 has already been completed, meaning the current retracement...

The price is beginning to develop a corrective structure. This was expected, and such a scenario had been anticipated earlier. This is due to the fact that a downward impulse, presumably wave 1, had formed...

During the past trading day, the situation with the observed currency pair has remained practically unchanged. The price stayed within the boundaries of a small correction, likely forming wave 2 in the emerging downward impulse....

The pound did not miss the opportunity to improve its position and made an attempt to strengthen. Buyers were fortunate as the price rose and slightly updated the local high. It seems that this currency...