EURUSD Technical Analysis EURUSD is currently trading around 1.04910, showing a strong bullish momentum on the H1 timeframe after breaking key resistance. The 150-period moving average is acting as support, while the RSI has reached overbought...
GBP/USD Technical and Fundamental Analysis Technical Analysis On the H1 timeframe, GBP/USD is currently in an uptrend, having formed a support level at 1.25800 and previously encountered resistance at 1.26300. The market consolidated near this...
GBP/USD Technical Analysis: GBP/USD is hovering around 1.2600, struggling to gain momentum. I’ve been watching the 1.2650 resistance level, which the pair tested recently, but sellers quickly stepped in. The 50-day SMA is acting as a ceiling, while...
The Bank of England (BoE) has issued a cautionary note regarding the inflationary risks posed by Chancellor Rachel Reeves' expansive Autumn Budget, signaling that it may adopt a more measured approach toward rate cuts in 2025. This contrasts with...
EUR/USD Technical Analysis: EUR/USD is hovering around 1.0800, struggling to gain any real momentum. The pair recently tested 1.0830, but sellers stepped in, keeping it range-bound. The 50-day SMA near 1.0820 is acting as resistance, while the...
