GBP/USD Greetings and Good Morning to Everyone! A reduction in the US unemployment rate from 230K to 227K couldn't bring high volatility in the GBP/USD market today. Despite the positive shift in employment data, the impact on the currency pair has...
A stop-loss order is a critical tool for managing risk in trading and investing. It is designed to limit an investor's loss on a security position by automatically closing the trade once it reaches a certain price level. Determining a suitable...
Today the EUR/GBP pair is experiencing some volatility following the result of UK GDP data , which came in 0.2% growth. This has put pressure on the British Pound, allowing the Euro to rally slightly. However, the overall outlook for the pair is...
The currency pair has hit a pause in its recent rally, trading at approximately 1.3090 during Thursday’s Asian session. After a two-day winning streak, the pair now hovers around 1.3087. The daily chart reveals that GBP/USD is trending upwards...
The price has recently recouped some of its losses, currently trading around 1.1070 and ending a three-day losing streak during Friday's early session in Australia. However, the scope for substantial gains seems constrained as traders remain...