GBP/USD Technical Analysis: GBP/USD is hovering around 1.2600, struggling to gain momentum. I’ve been watching the 1.2650 resistance level, which the pair tested recently, but sellers quickly stepped in. The 50-day SMA is acting as a ceiling, while...
China’s economic outlook remains a key driver for the pair, with recent statements from People's Bank of China (PBOC) Governor Pan Gongsheng reinforcing expectations for continued policy support. Gongsheng emphasized that the central bank would use...
The latest US economic data, including the Producer Price Index (PPI) and Consumer Price Index (CPI), indicates easing inflationary pressures, reinforcing expectations that the Federal Reserve (Fed) could maintain a dovish stance with potential rate...
As investors seek safe-haven assets, the Yen could strengthen, exerting downward pressure on the pair. However, uncertainty surrounding the Bank of Japan’s (BoJ) monetary policy stance may limit the JPY’s gains. BoJ Governor Kazuo Ueda has...
Traders are bracing for significant shifts in global trade policy under a potential Trump administration, with expectations that he could sign over 200 executive orders upon returning to the White House. Among the anticipated measures are higher...
