Market Fundamentals: The Swiss Franc (CHF) remains under pressure as investors anticipate further interest rate cuts by the Swiss National Bank (SNB). With Swiss interest rates already lowered to 0.5% amid concerns that inflation may fall below the...
Core Points about GBPAUD: Recently, UK news events have not been particularly strong, whereas Australian news events have significantly strengthened the AUD. The UK economy has shown signs of weakness, with economic indicators failing to provide...
Market Fundamentals: The Federal Reserve is widely expected to implement a 25 basis point rate cut in its final monetary policy meeting of 2024, with market participants almost fully pricing in this move, according to the CME tool. The likelihood of...
USD/CHF The USD/CHF market is currently experiencing a downtrend. The USD/CHF market is currently trading at 0.89739, with weakness in bullish momentum. In the H1 timeframe, the price gradually moves towards the support level of 0.89500, indicating...
the GBP/USD pair chart with 1H time frame shows resistance and support levels. you can make good entry for sell using price action. you should make risk management also with the stop loss .always use risk management while trading to avoid huge loss...