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Hello, After a pullback, GBP/USD rose towards 1.2700 in the second half of the day on Wednesday as the US dollar lost strength following disappointing data releases. Markets are eagerly awaiting Fed Chairman Jerome Powell’s speech. The relative...
XAU/USD has been showing a promising bullish trend recently, with the formation of two consecutive Japanese Hammer candlesticks on Tuesday and Wednesday, signaling potential upward movement. This price action, coupled with a solid green close on...
Recent movements in the GBP/USD pair have been marked by significant volatility, driven by a combination of economic data from both the U.S. and the UK, central bank policy shifts, and broader market sentiment. In the U.S., the Federal Reserve's...
The GBP/USD currency pair has been trading within a narrow range of 1.2630 to 1.2700 for the past three days. Despite a brief upward movement above the 1.2700 level, buying momentum was halted by comments from Bank of England Governor Andrew Bailey,...
