The GBP/USD currency pair struggled to gain traction on Friday, with a modest 0.13% increase. This tepid performance reflects growing expectations that the Bank of England will lower interest rates next week. The pound has been losing momentum for...
Gold Price Action Study Our conversation today will centre on the analysis of the Gold price changes. Judging by Friday, it's good that you didn't get into gold sales. On Friday, gold quotes showed confident growth again, managing to return above...
Oil prices have remained under pressure this week, with Brent crude hovering just above the $80 per barrel mark, a level last seen in early June. Persistent concerns over global demand, particularly the disappointing consumption in China, have...
### Analysis of USD/JPY Hello, colleague! It’s true that the current market behavior of USD/JPY seems quite perplexing. It reflects a broader uncertainty affecting multiple currency pairs. Let's delve into the current state of USD/JPY, especially...
The analysis of the GBP/USD currency pair's price movements reveals a recent surge of over 30 figures, which then reversed into a bearish pattern last Thursday. The strengthening of the US dollar has put downward pressure on the GBP/USD pair. The...