Ahead of the United Kingdom's Forecast Statement, the Sterling showed solid performance against most major currencies, with the exception of the Euro. The market is cautious, however, as high inflation continues to be a pressing issue for the UK...
The GBP/USD currency pair offers an intriguing trading opportunity, with anticipated gains ranging from 48 to 71 pips. The pivot point at 1.2447 forms the cornerstone of this bullish outlook, acting as a robust support level that underpins the...
GBP/JPY remains a key focus for traders, with the pair positioned for a potential rise of 109 to 163 pips. This projection is underpinned by the pivotal support level at 193.75, which has so far held firm against bearish pressures. The RSI reading...
AUD/USD H4 Chart Analysis Overview of Current Price Movement This morning, we observe the movement of the AUD/USD currency pair, which has been in a bearish trend for the past few weeks. Although there was a brief bullish spike last week, the range...
Current Dynamics of XAU/USD: Analysis and Strategy The current dynamics of XAU/USD indicate a slight growth during the Asian session, with prices testing the 2520.00 level. Investors are now awaiting U.S. inflation data that may influence the...
