GBPUSD Weekly Forecast This week begins with a close watch on UK economic indicators, investor sentiment towards the US dollar and geopolitical risks linked to the escalating conflict between the US and Iran. The Strait of Hormuz, one of the...
XAU\USD As growing tensions between the US and Iran continue to support the US dollar, gold maintains its bearish bias on Friday. Fears of inflation reduce dovish Fed bets, strengthening the dollar and depressing the commodity. The technical...
In my view, the GBP/NZD pair has a stronger chance of moving upward rather than continuing a sustained decline. Although the overall outlook remains uncertain, there is a possibility that the British pound could strengthen in the near term. While...
Good afternoon. When I analyze the daily chart of the GBP/USD pair, I get the impression that buyers are still not fully satisfied with the results of the previous upward wave. Earlier, the price managed to climb to the resistance level around...
Analysis of EuR/GBP On Wednesday, the EUR/GBP pair continued its downward trend for the second day in a row, trading just below 0.8700, near the low of its daily trading range. The decline reflected the strengthening of the British pound on the back...
