The British Pound strengthened against its major counterparts on Friday as traders reassessed the likelihood of interest rate cuts from the Bank of England (BoE) for the remainder of the year. BoE external member Catherine Mann, known for her...
WTI crude oil prices saw a modest uptick on Friday as bearish momentum eased following a sharp decline earlier in the week.The partial recovery was driven by renewed geopolitical tensions after the US imposed fresh sanctions on Iran’s crude exports....
EUR/GBP remains under considerable selling pressure, with the price action pointing toward a likely drop of 30 to 44 pips in the near term. The 0.8345 resistance level is proving to be a formidable barrier, acting as a psychological and technical...
Gold prices experienced a modest pullback on Friday, retreating to around $2,860 per ounce after the release of the US labor market report for January. Despite the slight decline, the precious metal remains close to its recent all-time highs,...
The EUR/GBP currency pair is facing persistent downward pressure, with the price action indicating a potential decline of 30 to 44 pips in the coming sessions. The market’s inability to break above the 0.8345 resistance level reinforces the...
