GBP/JPY remains under strong bearish pressure, with expectations of a decline between 110 and 160 pips if the price continues to trade below the significant resistance level of 191.28. This key level serves as a major barrier preventing any...
EUR/GBP, EUR/GBP (Euro/British Pound Rate) Although the bears have broken the price below the support level of 0.83300, it is interesting to note the fact that the movement did not go further along the trend and the pair "stuck" at the breakout...
GBPUSD GBP/USD outlook: The GBP/USD pair is experiencing pressure due to the strength of the U.S. Dollar and uncertainty surrounding the Bank of England's policy.U.S. Dollar Strength: The U.S. economy is showing signs of resilience, which could...
The GOLD H1 chart shows a strong bullish trend, with the price currently trading around 2869.34. The overall structure suggests steady upward momentum, as the price has been consistently making higher highs and higher lows. This indicates that...
USD/CAD: Market Drivers and Key Moves Today(February 6,2025) Tariff Tensions Weighing on the Canadian Dollar The big news today is the renewed tariff issue between the US and Canada. On February 1, 2025, the US introduced a 25% tariff on Canadian...