•••AUD/USD Live Analysis: What’s Driving Today’s Market Action?(January 7,2025)••• • The AUD/USD pair is making waves in the forex market today, with the Australian Dollar holding near 0.6250 against the US Dollar. Traders are keeping a close eye on...
AUD/USD The AUD/USD pair has been under noticeable bearish pressure lately, and today is no exception. After hitting a five-year low at 0.6184, the pair has shown little sign of recovery and is currently struggling to hold above this level. From my...
Market Fundamentals: Bank of England (BoE) Governor Andrew Bailey opened a busy week of public appearances with remarks reflecting on recent financial stability risks. While largely adhering to well-trodden commentary, Bailey did express some regret...
GBP/USD Price Action Overview We are currently discussing the analysis of GBP/USD's price behaviour. The GBP/USD pair, on the H4 chart, is trading at a critical juncture, currently hovering around 1.2541 after a significant recovery from its recent...
The GBP/USD currency pair struggled to capitalize on Friday's modest recovery gains, initiating the new week with a range-bound movement above the 1.2400 mark. Spot prices remained close to their lowest levels since April 2024, reached in the...