AUDUSD Daily Forecast On the AUD/USD chart, we can see that the ascending channel has broken downwards. The price is making higher highs and higher lows before breaking the support level. This gap indicates a change in trend. The price is currently...
GBP/USD remains in a consolidation phase around the 1.2600 region as market participants digest the latest US Personal Consumption Expenditures (PCE) inflation data. The pair closed below the 100-day Simple Moving Average (SMA) at 1.2640 on...
The GBP/USD currency pair has demonstrated a resilient recovery following a dip to the 1.2575 support level, a confluence of the short-term bullish trend line and the lower Bollinger Band. This rebound suggests a potential resurgence of bullish...
Market Fundamentals: In a recent speech at the Society of Professional Economists Annual Conference, Catherine Mann, a member of the Bank of England's external policy committee, emphasized the importance of holding interest rates steady until there...
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