GBP/USD Trading Analysis Update Friday, February 21, 2025 The GBPUSD pair price is still continuing its upward rally even though it was corrected down at low prices of 1.2562. The current price movement is trying to reach the psychological level of...
General Points about USDCAD: aa We can see that the U.S. dollar has been quite weak this week, facing pressure from multiple economic and political factors. One of the key events influencing market movements today is the release of Canadian Retail...
Core Points about GBPUSD: The UK Retail Sales rate and the Flash Manufacturing Index are expected to support GBP/USD buyers today. Positive economic data from the UK strengthens investor confidence, leading to increased demand for the British pound....
The current short-term situation appears to be following the broader monthly trend, but I note that a new short-term turning point emerged just yesterday at the level of 1.2637. I believe it is now advisable to test this level from above, as this...
Market Fundamentals: Australia's economy expanded at its slowest annual pace since the pandemic, with third-quarter Gross Domestic Product (GDP) rising just 0.3%, falling short of market expectations of 0.4%. The weaker-than-expected growth has...
