FX Outlook: Strong Pound and Weak Aussie?
GBP/AUD 4H Chart Technical Analysis: Still Within the Accumulation Zone From a 4-hour perspective, GBP/AUD is currently trading within the range of 1.9661 to 1.9472. It has faced selling pressure…
GBP/AUD 4H Chart Technical Analysis: Still Within the Accumulation Zone From a 4-hour perspective, GBP/AUD is currently trading within the range of 1.9661 to 1.9472. It has faced selling pressure…
GBP/JPY 4H Chart Technical Outlook: Favor Technical Pattern GBPJPY has been trading sideways for the past few days. Prices are moving in between 184.763 and 184.042, as indicated on the…
GBP/USD Daily Chart Technical Outlook: Are institutional investors accumulating long positions? GBPUSD has been trading sideways for the past few days. Currently, prices have repeatedly been rejected at the significant…
In the UK, robust macroeconomic indicators have underscored the imperative for future rate hikes by the esteemed Bank of England (BoE), bolstering the GBPJPY currency pair. With year-on-year GDP growth…
The GBPJPY currency pair, also known as the Dragon, could continue to see wild swings after the latest round of economic data across both regions. The Bank of England (BoE)…
On Thursday, the Bank of England reported another 25bps interest rate hike, pushing rates up to 5.25% in a fight against stubbornly high inflation. While the currency pair initially trickled…
Japan’s interest rates remained unchanged at -0.1% last week as the Bank of Japan (BoJ) maintained its ultra-loose monetary policy. The GBPJPY currency pair was subsequently sent skyrocketing, up 3.41%…