Concerns over a potential global economic slowdown have resurfaced, especially after the U.S. exempted several Chinese-manufactured tech products from proposed tariffs—an attempt to ease trade friction without fully retreating from a confrontational...
General Points about GBPUSD: Yesterday, the Pound didn't prove to be favorable as it experienced a significant decline, losing more than 100 pips in value. The UK Pound, which had been trading with a stronger sentiment, saw a shift as it lost ground...
If you’re just getting started in Forex trading, you’ll often hear terms like pips, lots, and leverage. These are the foundation of how profits and losses are measured, how trades are placed, and how risk is managed. Understanding these terms...
General Points about USDCAD: At the moment, the USDCAD market trades around the 1.3858 level and shows signs of a bullish phase. After holding firm in recent sessions, the pair found fresh strength from recent U.S. economic updates. Yesterday, FOMC...
The GBP/USD currency pair is exhibiting a dynamic interplay between technical formations and fundamental economic releases, creating a nuanced trading environment. From a technical analysis perspective, the hourly chart reveals the pair is currently...
