As the Bank of England Governor Andrew Bailey testifies, the GBP/USD continues its bullish trend and edges towards 1.2550 in Tuesday’s European trading session. The
Key Statistics – Trend Terms (October 2023) Indicator Value Unemployment Rate 3.7% Participation Rate 66.8% Employment 14,145,400 Employment to Population Ratio 64.4% Underemployment Rate 6.4%
In the European trading session on Wednesday, GBP/USD underwent a moderate bearish pressure, leading to its decline below 1.2500. A marked softening in the annual
GBPUSD Daily Chart
Despite closing the fourth consecutive day in the red, the GBP/USD pair is making a stubborn stand slightly north of the 1.2200 mark as we
GBP/USD remains weak near 1.2250 as European trading continues on Wednesday. The US Dollar is seeing an upswing, with investors treading carefully in anticipation of
The Australian dollar took a nosedive, becoming the poorest performer among its peers with a 0.8% drop following the Reserve Bank of Australia’s (RBA) anticipated
Financial Market Opening The financial markets commenced the week on a relatively quiet note. The US Dollar (USD) Index, which suffered a decline of over
Continued Gains for EUR/USD The Euro to US Dollar (EUR/USD) pair is making strides, consolidating its weekly gains above the 1.0600 mark in Friday’s European
GBP/USD Consolidation Phase The GBP/USD pair has transitioned into a consolidation stage, having recently come up against the 1.2200 barrier. As the Bank of England’s
