EUR USD forecast The employment report also changed the dynamics of eurozone rate expectations, with traders now forecasting a 55 basis point cut this year, up from 58 bps before the data. The European Stoxx 600 (.STOXX), which has gained almost...
GBP/USD Technical Analysis Upon careful examination of the price trend over the last two months, it is evident that the price is poised to close this week with a bold attempt to break through the bearish price channels on the daily chart in a...
The GBP/USD currency pair, a crucial indicator of the relative strength between the British Pound and the US Dollar, is currently experiencing an interesting phase of price action. As of today, the pair is trading at 1.2736, reflecting a notable...
GBP/USD Analysis: Try not to break the uptrend Despite the recent strength of the US dollar due to stronger-than-expected US labor market performance, which has affected expectations of an imminent US interest rate cut, the price of the GBP/USD...
Last Friday's trading session proved to be a tough one for EUR/USD traders, as the market experienced a sharp decline, with prices reacting near the 1.0800 level. While the current market environment may appear conducive to bullish sentiment, I...