GBP/USD is currently trading with a mild bullish tone after finding solid support near the 1.2750 region, a level reinforced by the 50-day Simple Moving Average (SMA). Despite this short-term rebound, the pair continues to struggle in sustaining...
The USD/JPY is sitting in a small negative area right now because of the negative data that has been released by the US dollar. Still, it will likely recover in the coming hours since the USD is going to be kept busy with news about the CPI, PPI,...
Good evening, everyone. As of now, trading for the GBP/USD pair is taking place just below the resistance level of 1.2807. There hasn't been a confirmed breakout above this area yet, which means the currency pair still has the potential to rally and...
USD/JPY Market Analysis As we have witnessed, last night the price movement structure in the market was still corrected upwards. Meanwhile, for the short-term trend under the influence of the seller's troops who managed to continue the bearish...
The British Pound (GBP) experienced significant downside pressure on Wednesday, falling sharply against major currencies as investor sentiment deteriorated following warnings from the Bank of England’s (BoE) Financial Policy Committee (FPC). The FPC...
