On Friday, the currency pair lingered near its recent highs as traders adjusted their forecasts for a possible Federal Reserve rate cut. A weaker US data concluded a series of economic updates, hinting that inflationary pressures might have softened...
The euro managed to break above the 1.10 level during the week but still faces some resistance. This means it can reflect many of the observed variable behaviors. Commodity prices are likely to move between key psychological levels, and if the euro...
I realize that it might seem like I'm repeating myself, but from my perspective, the recent rise in the GBP/USD pair isn't necessarily due to any inherent strength in the British pound. Instead, the increase is largely attributed to the sharp...
The GBP/USD pair has demonstrated a strong upward movement recently. After spending some time in a sideways range, the price has resumed its bullish trend, and Friday’s trading session continued to reflect this buying momentum. Although the price...
GBP/ USD traded at a three- week high around 1.2900 in the US session on Friday. The bearish onset seen on Wall Street indicates a negative cock in threat sentiment and makes it delicate for the brace to gather farther bullish instigation.) and...