GBPUSD GBP/USD Outlook: As of January 18, 2025, the GBP/USD pair is under pressure as the U.S. dollar maintains its strength, driven by strong economic data and elevated U.S. Treasury yields. Here’s an in-depth look at the current factors impacting...
Market speculation surrounding the European Central Bank's next policy decision is a key driver of the pair movements. Traders are widely anticipating a 25 basis point (bps) cut in the Deposit Facility Rate at the upcoming ECB meeting. Earlier...
EUR/USD Technical Analysis The EUR/USD market is experiencing a downtrend in the 4-hour time frame. When we analyze the technical structure, we see that the market has established a clear sell structure, which indicates that the downward momentum...
The NZD/USD currency pair continues to exhibit bearish tendencies, supported by technical signals that suggest a potential decline of 29 to 43 pips. The pivotal resistance level at 0.5608 serves as a critical threshold, with the downside bias...
Traders are closely monitoring the British pound as market speculation suggests the Bank of England (BoE) could soon reduce interest rates by 25 basis points (bps) to 4.75%. The likelihood of another 25 bps cut has also gained traction, as Reuters...
