The Bank of England (BoE) is widely expected to cut interest rates by 25 basis points (bps), bringing the rate down to 4.75%. Among the nine members of the Monetary Policy Committee (MPC), a majority of seven are anticipated to vote in favor of this...
USDCAD Daily Chart Analysis – A Comprehensive Overview The USDCAD currency pair is currently at a crucial juncture, having recently tested the significant resistance level at 1.4470. If this level is breached, the next target could be as high as...
The USD/JPY currency pair is approaching a critical technical level, with the potential to rise between 83 and 123 pips if it sustains support at 152.13. This pivot level plays a significant role in determining whether the pair will continue its...
GBP/CAD Technical Analysis and Trading Strategy Market Overview Upon analyzing the GBP/CAD currency pair, it is evident that the market sentiment is currently bullish. The price has broken through the 1.7992 zone, signaling a potential bullish...
GBP/USD Price Forecast: Technical outlook GBP/USD falls 0.93%, hitting a session low of 1.2359 after BoE's unexpected rate decision. BoE's dovish stance intensifies with forecasts of significant easing by end of 2025, stirring market reactions....
