GBP/USD Technical Analysis, Fundamental Impact and Forecast Current Market Review The GBP/USD market is currently downtrend and trading at 1.2592 on the H1 chart. The price is approaching the support level at 1.2570, while the resistance is at...
Expectations of a hawkish Federal Reserve, coupled with ongoing geopolitical tensions, continue to dampen investor sentiment, steering them away from riskier assets. This shift is evident in weaker equity markets and a persistent bid for safe-haven...
Market Fundamentals: Market participants fear that protectionist policies under President Donald Trump could significantly disrupt the Eurozone’s economic stability. While higher import tariffs by the US would impact global economies, the European...
Market Fundamentals: The National Bureau of Statistics (NBS) provided an optimistic economic outlook during a recent press conference, stating that the economy remains stable with growing signs of positive momentum. Consumption continues to recover,...
Currently, I observe that the pair is showing reluctance to close above the intermediate resistance levels, yet it is not displaying a strong downward momentum either. I notice that a short-term bearish trend has started to emerge, which I believe...
