The British pound (GBP) is at a critical juncture against the US dollar (USD) as the Bank of England (BoE) prepares to announce its latest monetary policy decision. The pound is hovering near the 1.2500 psychological barrier, which also coincides...
The GBP/AUD currency pair is currently at a critical juncture, testing a key support level at 1.9830. This level has historically acted as a strong pivot point, serving as an important determinant of the pair’s next major move. If the price...
The EUR/NZD pair is currently at a crucial juncture, where price action is gravitating around the 1.8237 support level, a historically significant threshold that has dictated previous bullish rebounds. If this level holds, the pair could stage a...
General Points about GBPJPY: The current market situation presents a challenging phase for GBPJPY buyers, as the pound is steadily losing its value. Currently, it has dropped to the 189.52 level, while sellers continue to gain momentum. A shift in...
GBPUSD Daily Time Chart Analysis The GBP/USD currency pair is currently trading around the 50-day SMA. Traders eagerly await the Bank of England (BoE) monetary policy announcement at 12:00 GMT. The pair is testing important momentum near the...