Bitcoin's price action on the hourly chart shows a period of consolidation after a previous uptrend, with prices fluctuating around the 100,782.67 mark. The Bollinger Bands indicate moderate volatility, with price movements staying relatively...
GBP/JPY is currently positioned with a favorable technical outlook for an upward move, provided that the pivot at 191.71 holds as support. The RSI remains above its neutrality level of 50, suggesting that bullish momentum is still present, while the...
GBP/USD currently exhibits a decidedly bearish environment with an array of technical signals that, when considered together, strongly suggest further downside. The pivot point at 1.2439 remains the linchpin of the current setup, serving as a key...
The current technical setup for GBP/JPY is overall bullish, with the pivot at 191.71 acting as a key support level. The RSI, well above 50, signals that buyer interest is sustained, and although the MACD is positive, its position below the signal...
Market Fundamentals: The UK’s Office for Business Responsibility (OCR) has revised its inflation forecasts upward, projecting a rate of 2.5% for 2024, up from the previously expected 2.2%. For 2025, inflation expectations have been adjusted...
