GBP/USD Technical Analysis The GBP/USD pair trades near a key support level in the H4 timeframe. Market structure suggests that if this support level (1.2500) is broken, the trendline pushing prices higher will also be invalidated. However, if the...
GBP/USD Market Overview The GBP/USD market ended its downtrend last week, reaching a weekly high of 1.27151 before closing at 1.25752. The GBP/USD market faced selling pressure, which led to a break below a critical support level. Daily chart...
EUR/USD Technical Analysis: As of March 3, 2025, EUR/USD is trading around 1.0387, having experienced a decline towards the end of the week. On the daily chart, the pair remains within a consolidation range, with the 200-day EMA acting as dynamic...
The Pound Sterling has been struggling against its major counterparts, particularly showing weakness against the US Dollar as anticipation builds for Bank of England (BoE) Governor Andrew Bailey’s upcoming speech. Investors are keen to hear if...
Chinese President Xi Jinping recently expressed confidence in China's economic growth, stating, "China has full confidence in achieving this year's economic target." He emphasized China's role as the world's largest engine of economic growth and...