As expected, the Bank of Canada cut interest rates by 50 bps to 3.25%. BOC Governor Macklem delivered an increasingly hawkish speech, hinting at a potential pause in the rate-cutting cycle depending on how growth and inflation play out. USD/CAD fell...
Real estate market suggests fine investment opportunities in 2025 A lot of experts believe that real estate investments will be a key focus in the coming year. Strike while the iron is hot, they advise. Analysts highlight that real estate markets...
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General Points about GBPUSD: Currently, the GBPUSD market is trading around the 1.2707 level, reflecting a key position in the forex market. This week, there is a notable focus on GBP-related news, particularly the GDP data scheduled for release...
GBP/USD Technical Analysis: GBP/USD is currently hovering around 1.2510, showing a bit of a rebound after testing support near 1.2470. I’ve noticed the 50-day SMA around 1.2525 acting as an immediate resistance level, with the 100-day SMA at 1.2550...
