#CL Another factor weighing on oil prices is the Bank of America forecast, which says that global oil demand is slowing from 1.1 million barrels per day of annual demand growth to 400,000 barrels per day of annual demand growth. For the second day...
GBP/USD As of today, GBP/USD is trading around 1.2400, reflecting recent market movements shaped by both technical and fundamental factors. The pair have struggled to gain bullish momentum, and the current price action suggests continued...
Yesterday, the British Pound (GBP) experienced a range of over 100 pips, ultimately closing near its opening level. This level of volatility suggests a market in flux, with traders responding to various economic factors. The daily MACD (Moving...
Update Friday – February 14, 2025 Good morning friends of the Investsocial forum. May you always be in good health. I always pray for success and prosperity together. I will share an analysis of the market as a comparison to determine the next...
Current GBP/USD Price Analysis and Future Outlook Introduction GBP/USD remains one of the most actively traded currency pairs in the forex market. Its price is influenced by various economic indicators, market sentiment, and geopolitical events. In...