The GBP/AUD currency pair is currently at a critical juncture, testing a key support level at 1.9830. This level has historically acted as a strong pivot point, serving as an important determinant of the pair’s next major move. If the price...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
The start of February has brought renewed market activity and critical events for the GBP/USD pair. Key developments include today's Bank of England interest rate decision and tomorrow's U.S. session, which promises further market-moving events. The...
Date: 6th February 2025. Analysts Expect the BoE To Cut GDP Forecasts and Raise Inflation Projections! President Donald Trump approved a 25.0% tariff on Mexican and Canadian goods starting on February 1st, but implementation was delayed after...
#EUR/USD The demand for the US dollar is still at a rather low level, which allowed the EUR/USD pair to rise and merge above the 1.0349 level, which is moving between the red and green moving averages. You can use a moving average break to signal a...
