The Bank of Japan (BoJ) made a significant move last Friday, raising interest rates by 25 basis points to 0.5%, marking its highest rate since 2008. This hike was widely anticipated and followed BoJ Governor Kazuo Ueda’s remarks suggesting further...
The AUD/USD pair is inching closer to the 0.6300 level, supported by mixed U.S. economic data that has weakened the U.S. Dollar and bolstered risk sentiment across markets. However, the pair’s upside potential is being capped by growing expectations...
The GBP/USD currency pair is exhibiting signs of weakness, with a projected decline of 47 to 70 pips if it remains under the key pivot point at 1.2536. This level serves as a critical threshold, with a bearish target at 1.2433. However, if the price...
Market analysis Thursday, February 6, 2025 GBPUSD Good morning, It seems that the GBPUSD market is still on a journey like the early trading period of the month which is moving in an Uptrend. I monitor the market situation in the middle of this...
The GBP/USD currency pair remains under selling pressure, with an anticipated decline of 47 to 70 pips if the price continues to trade below the pivot point of 1.2536. This level acts as a significant resistance zone, with a preferred downside...
