I notice that GBP/USD has been overlooked compared to other major currency pairs, as if it’s been left on the back burner. I believe this could be due to traders waiting for the Bank of England (BoE) meeting, though I’m not entirely sure when it...
GBP/USD Greetings and Good Morning to all! The UK GDP rate was better, and the market of GBP/USD remained in favor of buyers. Therefore, it had crossed the 1.3000 zone successfully. Overall, this week has proven unfavorable for the USD. Each major...
I find this market movement quite fascinating, especially considering that I wasn't fully expecting this growth, yet I didn't rule it out either. I had anticipated a downward move for both the pound and the euro, and I positioned myself mentally to...
Gold Analysis with SMC Concept Let’s break down a trade setup for XAU/USD (Gold Spot/US Dollar) on the 15-minute chart using the Smart Money Concept (SMC). SMC focuses on understanding institutional order flow, liquidity, and market structure to...
West Texas Intermediate (WTI) crude oil prices plunged to a new low of $56.70 on Wednesday, a level not seen since January 2021, driven by a deteriorating global economic outlook. The imposition of a 104% US import tariff on Chinese goods has...