The British Pound (GBP) experienced a slight decline against other currencies on Wednesday following Bank of England Governor Andrew Bailey's prediction of four interest rate cuts in 2025. While Bailey acknowledged the progress made in curbing...
Trading Plan Creating a trading plan in forex is crucial for maintaining discipline, managing risks, and achieving consistent profitability. A well-structured plan outlines your goals, strategies, and rules for trading. Below is a step-by-step guide...
GBP/USD: Simple Trading Tips for Beginner Traders December 6 (US Session) Trading analysis and recommendations for trading the British pound The test of the 1.2756 price level occurred at a time when the MACD indicator had already significantly...
Technical Indicators Technical indicators are tools used in financial analysis to evaluate price movements, trends, and potential market direction. They are often employed by traders and analysts in various forms of technical analysis to make...
EUR/USD Price Activity The EURUSD market pair traded on Friday was controlled by buyers who managed to dominate trading by bringing the price up bullish but was still able to be suppressed by the seller who strengthened the seller's resistance area...