Market Fundamentals: The Eurozone's Q3 Negotiated Wage Rates data showed a significant increase, rising to 5.42% from the previous quarter's downwardly revised 3.54%. As a key indicator of wage growth and consumer spending potential, this data...
February 21, 2025 The British Pound (GBP) has demonstrated notable strength against the U.S. Dollar (USD), with the GBP/USD pair trading around 1.2648. GBP/USD faces a pivot level at 1.2650 (Fibonacci 78.6% retracement of the latest uptrend). If the...
Stick Sandwich Candlestick Pattern The Stick Sandwich is a candlestick pattern that is often used in technical analysis to identify potential market reversals. It consists of three candlesne large candle, followed by a small candle, and then another...
What is Margin Trading in Forex? Margin trading in Forex is a method of trading where traders can control a larger position than the amount of capital they initially invest. In simple terms, it allows traders to borrow money from a broker to...
GBP/USD Fundamental Analysis: Today, GBP/USD is facing mixed sentiment as market participants digest key economic data. The UK’s latest inflation report showed a slight dip in CPI, reinforcing speculation that the Bank of England (BoE) could lean...
