GBP-USD PAIR FORECAST The current price movement of the GBPUSD pair is trying to test the RBS area of 1.3031 in order to continue its downward rally. The US inflation results that are in line with the forecast of 2.5% and are flatter than the...
In financial markets, the terms "bullish" and "bearish" are used to describe two opposing outlooks on the future direction of asset prices, such as stocks, bonds, or commodities. Understanding these concepts is essential for investors, traders, and...
GBP-USD PAIR REVIEW The current price position is still continuing to fall towards the last projection of 423% in the Fibonacci retracement, but that does not mean that the price cannot fall further if it has reached this projection level, but if...
On Wednesday, the EUR/USD pair traded rather calmly despite the "super-important and super-resonant" U.S. inflation report. Over the weekend, we dubbed this report the "event of the week," but the reaction from some traders was quite surprising. In...
The British pound weakened against the US dollar on Wednesday, following the release of US inflation data that suggested a more cautious approach from the Federal Reserve regarding interest rate cuts. The overall CPI rose in line with expectations,...