Beginners can use demo accounts to understand how currency pairs move, identify trends, and grasp the impact of economic events on price movements. This hands-on experience enhances their market awareness. Demo trading allows beginners to practice...
The Bank of Japan’s monetary policy has long been characterized by relatively loose monetary policy, including negative interest rates and an aggressive bond-buying program to boost inflation and economic growth. But market participants are closely...
Technical analysis of GBPAUD Today I choose GBP/AUD for technical analysis; the market price is between 2.0614 resistance and 2.0493 support. Market price breaks below resistance and shifts from support to price action. However, if your market price...
GBP/USD As of today, GBP/USD is trading cautiously ahead of the UK's spring statement. With the government expected to announce £15 billion in spending cuts, investor sentiment has turned wary. We’ve already seen the pound face its sharpest...
The provided image displays a GBP/USD H1 (hourly) candlestick chart with key price levels and an RSI (Relative Strength Index) indicator. The current price is shown at 1.2949, with the RSI at 56.68, indicating a neutral momentum leaning slightly...
