GBP/USD Forecast for February 19, 2025 Recent Employment Data Impacting GBP Yesterday, the release of the UK's employment figures for December provided a buffer against the decline of the British Pound (GBP). Despite a 0.34% rise in the US Dollar...
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GBP/ JPY Price Overlook The UK annual inflation data report (CPI y/y) which jumped more than expected, does not seem to make the outlook for the Pound Sterling currency strengthen against the Japanese Yen currency. If you look closely, the price...
The Role of Central Banks in Forex Market Movements The foreign exchange (Forex) market is influenced by a variety of factors, ranging from geopolitical events to macroeconomic indicators. Among these, central banks play a pivotal role in shaping...
I believe the EUR/CHF (H1) chart is currently exhibiting a sideways movement, also known as a flat, following a recent price decline. I am convinced that this consolidation phase indicates a lack of strong directional momentum in the market. I...