GBP/USD: What’s Happening Right Now(February 10,2025)? Bank of England Cuts Rates The British pound took a hit recently after the Bank of England announced a rate cut, lowering interest rates from 4.75% to 4.5%. This move, aimed at boosting the UK...
The GBP/USD pair has experienced a minor rebound from its Asian session lows, currently trading around the 1.2400 level, showing little change on the day. However, the pair's upside potential remains limited by the slight strengthening of the US...
Bearish Mat Hold Candlestick Chart Pattern The Bearish Mat Hold is a rare but powerful continuation candlestick pattern that signals the continuation of a downtrend. It typically appears in strong bearish markets and is used by traders to confirm...
The GBP/USD chart on the H1 timeframe shows a market that has been moving in a relatively volatile range, with the current price at 1.2398. Bollinger Bands indicate fluctuations in volatility, with recent price action testing both upper and lower...
As worries about the trade war grow, the Australian dollar (AUD) continues to be under pressure against the US dollar (USD) for the third day in a row on Monday. After US President Donald Trump said in an Air Force One speech that he would apply a...
