The EUR/GBP currency pair appears to be in an upward trend, primarily supported by the key pivot point of 0.8270, which is acting as a crucial level for determining future price movements. The analysis indicates that as long as the price remains...
Atlanta Fed President Raphael Bostic emphasized the need for a cautious approach to monetary policy, citing uneven progress in curbing inflation and advocating for maintaining elevated interest rates. Meanwhile, US President Donald Trump refuted a...
The pair was trading near the 0.61446 level, and I observed significant buying volume at this mark. Based on this, I assumed that the pair would likely move higher. As it approached the resistance level of 0.62894, I noticed another surge in buying...
The current market situation presents a mix of opportunities and challenges, and I am closely monitoring the price action to make informed decisions. I re-entered a buy position at 2936.81, which is currently in partial profit and breakeven. Today,...
Market Fundamentals: The employment report for the three months is set for release and could significantly influence market expectations regarding the Bank of England’s (BoE) monetary policy stance. Market participants will closely analyze UK...