Core Points about GBPCAD: At the moment, the GBPCAD market is showing a bullish trend, favoring buyers. Upward momentum indicates strong buying interest, pushing prices higher. Many are optimistic about further gains, expecting the market to...
GBP USD As February 15, 2025, the British Pound (GBP) has reached its highest value against the US Dollar (USD) this year, trading at approximately 1 GBP = 1.263 USD. Factors Contributing to the Pound's Strength: 1. UK Economic Performance: The...
I analyzed the USD/CHF pair’s recent decline from 1.00338 to 0.83910, expecting further downside, but I noted repeated pullbacks tied to macroeconomic events. I initially linked the Fed’s hesitation on rate cuts to temporary dollar weakness, but the...
EUR/USD Weekly Outlook Greetings and Good Morning guys! Yesterday, the market of EUR/USD crossed the 1.0547 zone successfully. Because the USA President Trump's speech made the dollar weak too. However, the sellers can come back and cover their...
The British pound (GBP) experienced a significant drop against the US dollar (USD) during Wednesday's North American trading session, falling from above 1.2450 to around 1.2380. This sharp decline can be attributed to a strengthening US dollar,...