Market analysis Thursday, February 6, 2025 GBPUSD Good morning, It seems that the GBPUSD market is still on a journey like the early trading period of the month which is moving in an Uptrend. I monitor the market situation in the middle of this...
The GBP/USD currency pair experienced a surge of buying activity, driven by a confluence of factors including easing trade war anxieties and anticipation surrounding the Bank of England's (BoE) upcoming interest rate decision. Market sentiment...
Forex Market Outlook 06 February 2025 Good morning to all respected forum members and moderators. Hopefully you are all in good spirits to welcome the mid-week market. How about last week's trading results? Hopefully it is still consistently...
GBP/USD Struggles for Direction as Market Tensions Build(February 6,2025) Pound’s Rocky Path: Uncertainty at Every Turn The British pound has been holding around $1.25, but it’s feeling the weight of shifting economic forces. The Bank of England is...
The EUR/GBP currency pair has been consistently declining since January 20th, encountering significant resistance near the downtrend line originating from the high of February 3, 2023. This sustained adherence to the downtrend line reinforces the...
