Technical Analysis : The Pound Sterling plummets below 1.2300 against the US Dollar as market sentiment turns risk-averse after US President Trump imposes tariffs on Canada, Mexico and China. Investors await the US employment-related economic data...
GBP/USD PAIR REVIEW Price of currency: GBP/USD There was a GAP down at the opening of the gbpusd market this morning, but the seller was unable to continue the pressure to press gbpusd to fall further. The price rose again after getting rejection...
The GBP/USD pair has been showing a positive upward trend recently, and I have successfully closed a few positions in profit. As for the subsequent closure, I expect it to be around the 1.2645 – 1.2455 range. At this point, I plan to cover about a...
The Japanese Yen (JPY) experienced a slight rebound against the US Dollar (USD) after hitting multi-day lows on Monday. This recovery pushed the USD/JPY pair below the mid-155.00 level during the European trading session. Several factors contributed...
Forex Market Outlook Monday, February 03, 2025 Good morning fellow traders in the Investsocial forum. We are back to starting our activities at the beginning of the week. Hopefully you are all in good health with increasing profits. It's time to...