Fundamental analysis
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Fundamental analysis
Overview of the GBP/USD pair. March 7th. The dollar continues to decline ahead of crucial reports
The GBP/USD currency pair continues to
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07.03.2024 07:10 AM
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The GBP/USD currency pair continues to trade within a very limited price range. On the 4-hour timeframe, this may not be so noticeable, but on the daily chart, the flat is visible "from a kilometer away, even on a moonless night." A few weeks ago, the price reluctantly left the sideways channel of 1.2611-1.2787, and after that, almost nothing changed in the nature and direction of the pair's movement. Only the trading range has slightly changed. Thus, from a technical
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