GBP/USD Technical analysis, As of January 29, 2025, the GBP/USD currency pair is trading at approximately 1.2437, experiencing a 0.49% decline from the previous close of 1.2499. Technical indicators present a mixed outlook: Moving Averages: The...
I saw USD/JPY return to the top yesterday after all, which tells me that the expected decline is not going well. I am now reassessing my expectations for this pair. I don’t see any immediate directional movement at first glance. I can’t ignore the...
The GBP/USD currency pair experienced a setback on Tuesday, losing ground against the US dollar. This decline coincided with a resurgence of risk aversion in global markets, driven by renewed concerns about US trade policy. The US administration's...
GBP/USDound Struggles to Find Its Footing(January 29,2025) What’s Driving the Market Right Now? Bank of England Playing It Safe – Inflation is still a concern, but so is economic stagnation. The central bank is stuck between holding rates steady...
West Texas Intermediate (WTI) crude oil prices experienced a modest rebound on Tuesday, recovering from a four-week low of $72.19 per barrel reached on January 28th. Prices currently hover around $73.50 per barrel during the European trading...
