The AUD/USD pair is experiencing a modest uptick during Friday’s European trading session but continues to face resistance near the 0.6300 level. Investors remain cautious ahead of the highly anticipated United States (US) Nonfarm Payrolls (NFP)...
The US Dollar (USD) gained further momentum on Friday following the release of weaker-than-expected US employment data for January, pushing EUR/USD toward fresh lows near the 1.0350 level. The Relative Strength Index (RSI) on the 4-hour chart...
EUR/GBP remains under considerable selling pressure, with the price action pointing toward a likely drop of 30 to 44 pips in the near term. The 0.8345 resistance level is proving to be a formidable barrier, acting as a psychological and technical...
The British Pound strengthened against its major counterparts on Friday as traders reassessed the likelihood of interest rate cuts from the Bank of England (BoE) for the remainder of the year. BoE external member Catherine Mann, known for her...
GBP/USD Price Action – February 9, 2025 The British Pound (GBP) to U.S. Dollar (USD) exchange rate has shown mixed movements in recent days, with slight bearish pressure. As of February 9, 2025, GBP/USD stands at 1.2403, down from 1.2435 on February...
