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Pressure on the Pound Is Mounting

RobotFX 7/15/2025 05:19:00 PM pressure Mounting

Incoming macroeconomic data from the UK appears distinctly weak. GDP unexpectedly declined by 0.1% in May instead of the forecasted 0.1% growth. The …

USDJPY under pressure before FOMC, on February 1st, 2023.

RobotFX 2/01/2023 05:14:00 PM USDJPY 2023

Red lines- bearish channel Blue line- support trend line USDJPY remains technically in a bearish trend as price is still inside the medium-term do…

GBP/USD analysis on October 24. The British pound is under pressure again.

RobotFX 10/24/2022 07:14:00 PM pressure again

For the pound/dollar instrument, the wave marking looks quite complicated at the moment but still does not require any clarification. We have a supp…

EUR/USD analysis on October 24. The euro is under pressure due to weak business activity in the EU.

RobotFX 10/24/2022 07:14:00 PM pressure activity

The wave marking of the 4-hour chart for the euro/dollar instrument still does not require adjustments, but it is undoubtedly becoming more complica…

USDJPY under pressure falls below 133.

RobotFX 8/11/2022 12:09:00 AM USDJPY falls

Two days ago we warned traders that USDJPY is providing rejection sign and the chances of a pull back had increased. Price reached resistance and bou…

Gold price remains under pressure despite Dollar weakness.

RobotFX 7/19/2022 10:09:00 PM weakness dollar

Red lines- downward trend line Blue line- resistance trend line Gold price is trading still above $1,700. Despite Dollar weakness Gold bulls seem …

Ethereum under strong bullish pressure, breakout attempt

RobotFX 7/15/2022 09:09:00 PM strong attempt

ETH/USD rallied in the short term and now it approaches a strong resistance area. It was trading at 1,222 at the time of writing. Ethereum edged high…

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