EUR/ USD Price Overlook EURUSD fell again after buyers failed to bring the price up and break the resistance line of 1.0515 in the market movement last Friday. The dollar which strengthened again before the market closed this week made EURUSD...
GBP/USD continued its upward momentum on Friday, surpassing the 1.2650 level amid renewed weakness in the US Dollar (USD). The pair's rally was fueled by weaker-than-expected US economic data, notably the drop in the SP Global Services PMI below the...
EURUSD Daily Time Chart Analysis The GBP/USD pair is currently trading near its 50-day simple moving average. Investors are eagerly awaiting the Bank of England’s monetary policy announcement at 12:00 GMT. The pair is testing a bullish move near...
GBPUSD Weekly Technical Analysis GBPUSD is currently trading near the 1.2630 level after showing bullish momentum over the past few weeks. The price is positioned around the 70-period moving average (MA) on the weekly timeframe, indicating a...
The latest economic developments are shaping the outlook for GBP/USD, with both fundamental and technical factors influencing market sentiment. Bank of England Governor Andrew Bailey noted that fiscal measures could boost UK growth by approximately...