Day: March 9, 2024

Mar 09
GBPUSD H1 | Bearish Drop

TitleGBPUSD H1 | Bearish Drop TypeBearish Drop Preference:Price is currently at the pivot point of 1.2807 an overlap resistance level. A drop from this level could lead the price to fall to 1st support at 1.2761, a pullback support that closes to 23.6% Fibo Alternative scenario:  If price breaks above the pivot, it could rise […]

Mar 09
Dollar Breaks Support Ahead of NFP Release

NFP in focus All eyes are on the US Dollar today as traders get ready for the release of February jobs data. On the back of a string of bumper labour reports over recent months, the market is expecting a cooler set of readings today, particularly following a softer-than-forecast ADP number earlier in the week. […]