The USD/JPY pair is currently experiencing a tug-of-war between bullish and bearish forces, with price action stalling below the critical 150.50 level during the Asian session on Friday. The Japanese Yen (JPY) has found support from rising inflation...
UK inflation changes interest rate expectations Traders have revised down their expectations for the Bank of England's key interest rate after an unexpected rise in inflation in the country, reducing their confidence in two possible cuts of 25 basis...
GBPJPY Daily Outlook The GBP/JPY pair is currently experiencing considerable selling activity and is trading close to the important psychological mark of 189. 00. It has dipped below the uptrend observed in the medium term along with the 20day...
Core Points about GBPUSD: The UK Retail Sales rate and the Flash Manufacturing Index are expected to support GBP/USD buyers today. Positive economic data from the UK strengthens investor confidence, leading to increased demand for the British pound....
Technical Review of USDJPY For today’s analysis, I will focus on USD/JPY. The pair is currently oscillating between a minor resistance at 150. 96 and a support level at 149. 09. The market price consistently adheres to these resistance and support...
