GBP/USD Technical Analysis: Right now, GBP/USD is trading around 1.2590, showing slight bearish momentum. On the 4-hour chart, it’s still below the 50-day moving average at 1.2615, which keeps the downside risk in focus. Key support sits at 1.2570,...
Financial markets are closely monitoring the potential enactment of Trump’s economic agenda under the guidance of Bessent. His approach aims to strike a balance between fiscal discipline and maintaining robust external relations. Speaking with the...
The recent UK budget has introduced a dynamic element to the economic landscape, with its expansionary stance hinting at potential inflationary pressures. This fiscal approach poses a challenge to the Bank of England's (BoE) plans for rate cuts,...
Investor sentiment has recently turned more optimistic, fueled by expectations that Donald Trump's policies could drive economic growth and inflation higher. This optimism, in turn, could slow the pace of interest rate cuts by the Federal Reserve...
The GBP/USD pair is currently trading at $1.25113, reflecting a 0.30% decline as US dollar resistance continues to weigh on the pound. The critical pivot point at $1.25067 represents an important moment for traders. On the upside, immediate...
