EUR/USD Greetings and Good Morning to Everyone! The European Main Refinancing rate remained unchanged at 3.65% yesterday, as the European Central Bank (ECB) opted to maintain stability in its monetary policy. Despite the decision to hold the rate,...
THE CURRENCY PAIR EUR-GBP The overall picture has not changed and remains unchanged. There is a stable bearish trend on the market, which is developing within the boundaries of the descending channel, and there is also a technical correction...
The spot price experienced a slight pullback on Friday, declining to just above the 1.3150 mark. This movement came after a dip in Consumer Price Index (CPI) inflation data on both sides of the Atlantic. Following a four-day winning streak, the pair...
What Is a Symmetrical Triangle Pattern? As a technical analysis technique for trading, symmetrical triangle patterns may be used to spot future price breakouts and trend changes. This pattern is assembled by two converging trend lines, with one...
The GBP/USD currency pair is currently hovering near a fresh weekly high of approximately 1.3151 as observed in Friday’s European session. Despite this, the British Pound, commonly referred to as the "Cable," has exhibited a subdued performance...