Sterling Strengthens Ahead of BOE Meeting Overview of Sterling Movement The British pound (GBP) continued its upward trajectory against major rivals on Wednesday, marking its third consecutive session of gains against the US dollar. This surge was...
USD/CHF ticks higher to near 0.8945 ahead of the Fed policy meeting at 20:00 GMT. The Fed is expected to cut interest rates by 25 bps to 4.25%-4.50%. The Swiss agency has lowered GDP growth to 0.9% and 1.5% for the current year and 2025,...
Bitcoin is currently struggling to break through the support level at 102,850, with the price once again attempting to trend upward. However, the resistance at 108,500 has been tested multiple times without success, and the likelihood of breaking it...
I use Fib levels a lot, but sometimes flags and pennants work too. For reversals, head and shoulders is my go-to, but you gotta watch out for false breakouts. Always confirm with volume and other...
Silent Points about GBPUSD: Today's release of the UK CPI Rate has provided some strength to the market, boosting the outlook for the British pound. Better-than-expected data from the Flash Manufacturing Index has also contributed to positive...
