Introduction The AUD/USD currency pair is one of the most actively traded pairs in the forex market. Its movement is influenced by various factors, including key economic data, central bank policies, and overall global risk sentiment. In this...
GBP/USD Fundamental Analysis: Today, GBP/USD is showing some volatility as the market reacts to economic data from both the UK and the US. The Bank of England (BoE) is sticking to its cautious stance, hinting that rate cuts might be on the table...
General Points about GBPCAD: We can see that the GBPCAD market is trading at the 1.7826 level, which acts as a support level. The level has been tested multiple times, indicating that buyers are attempting to hold the price steady. In the coming...
If we observe based on the picture I attached, the GBP/USD pair is forming a bullish pattern on the H4 time frame, so it can be said that the direction of GBP/USD movement in the future will move upwards even though currently it is still leaning...
Sounds like you're deep in the forex trenches, Yuri! Labor market data always stirs up a mess in the market, especially when it sends mixed signals like this. The initial volatility you're describing seems typical when traders are torn between the...