The Bank of England (BoE) is expected to maintain its interest rates at 4.5%, with a 7-2 vote split among its Monetary Policy Committee (MPC) members. Catherine Mann and Swati Dhingra are anticipated to support a rate cut, while the other seven...
The USD/CAD currency pair is showing strong signs of bullish pressure as long as prices stay firmly above the 1.4200 level. Current momentum is supported by a bullish RSI, which confirms the likelihood of continued upward movement in the coming...
GBPUSD Analysis The UK’s monthly GDP forecast for February, due out on Friday, is drawing the attention of investors and economists. Given the mixed signals from recent economic data, the report is likely to have a significant impact on market...
The GBP/JPY currency pair saw a steady rise, hitting the 194. 40 level during the early trading hours in Europe on Wednesday. This increase came about partly due to a small drop in the value of the Japanese Yen, after the Bank of Japan's (BoJ)...
General Points about GBPUSD: The market is currently following a bearish trend, so it’s possible that it could move further downward and even break the 1.2872 level. The overall sentiment has leaned in favor of sellers, especially as price action...
