Price activity in the GBPUSD market has stayed consistent with the downward path picked by the pair on the 21st of this month (September 2023). The pound appears to have gone weaker over the weekend, and its performance today seems to promise more gains for bear traders in this market. Major …
Price Action Charts in Focus
GBPUSD Struggles to Maintain Strength Amid Shifting Factors
GBPUSD struggles to maintain strength amid shifting factors. The Bank of England (BoE) made headlines by surprising the market with an unexpected decision to keep interest rates unchanged. This decision, contrary to expectations of a rate hike, added pressure to the pound. The BoE's stance was …
EURUSD Bears Is Set To Take The Lead
EURUSD Analysis: Bears Eye 1.06320 Key Level EURUSD bears could take the lead again this week. The bear market finds itself at a crucial juncture, with the 1.06320 market level in its sights. It's glaring that bearish momentum has shown signs of deceleration recently. The opening of a new trading …