On Thursday, the euro (EUR) gained ground against the British pound (GBP), primarily driven by positive developments in ongoing trade negotiations between the European Union (EU) and the United States (US). At the time of writing, the EUR/GBP pair...
The main events by the morning: May 29 The US Court of International Trade declared Trump's duties illegal. The court supported the Democratic-led states and small businesses, which accused the president of misuse of the law on the state of...
Price Movement and Trend Analysis The GBP/USD 1-hour chart from May 21 to May 29, 2025, reveals a dynamic price trajectory. Starting at around 1.3390, the pair initially trends upward, peaking near 1.3550 by May 23, indicating a bullish momentum....
The British Pound (GBP) staged a robust rebound on Thursday, exhibiting a volatile upward trend that saw the GBP/USD pair return to the significant 1.3500 level.1 This renewed bullish momentum came as markets keenly awaited the latest batch of US...
Gold prices (XAU/USD) demonstrated a notable recovery, regaining most of their early losses to trade around $3,320, significantly up from a weekly low of $3,245 touched earlier on Thursday. This rebound in gold prices was largely a direct...