The GBP/JPY currency pair experienced a slight decline during the Asian session on Tuesday, trading around the 195.40 level. However, the downward potential for the pair is limited due to several factors. Firstly, the Japanese Yen (JPY) is expected...
Technical analysis of WTI crude oil The West Texas Intermediate (WTI) crude market remained largely range-bound, hovering near the upper end of its consolidation zone in early trading on Monday. The $72.50 level continues to act as a key resistance...
Traders are gearing up for a key event later today: a speech from Bank of England Governor Andrew Bailey at the Bloomberg Global Regulatory Forum in New York. However, Bailey’s remarks will come much later in the day, likely affecting market...
The British Pound (GBP) experienced a significant surge against major currencies on Tuesday, primarily driven by robust UK labor market data. The release of the UK's three-month employment figures for October revealed stronger-than-expected wage...
GBP/USD Analysis Introduction In the GBP/USD trading pair, despite yesterday's rally, a bearish trend appears to be prevailing in both the short and medium-term outlook. This analysis will delve into the technical aspects and market sentiment...
