Tag: GBP
ECB Policymakers Lean Toward June Rate Cut
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Sources within the European Central Bank (ECB) have indicated that a consensus is forming among policymakers for a potential interest rate cut in June....
Canadian Dollar Short-term Outlook: USD/CAD Breakout Imminent
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The Canadian Dollar (CAD) has seen significant movement against the U.S. Dollar (USD), with the USD/CAD pair plunging nearly 6.9% from its yearly high,...
GBP/JPY Trades Sideways Below Key Resistance – Forecast for April 30, 2025
Jennifer -
The GBP/JPY pair continues to trade sideways, remaining under pressure beneath the 55-day moving average, which is currently acting as resistance at the 191.55...
EUR/JPY Holds in Sideways Range Amid Weak Momentum – Forecast for April 30, 2025
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The EUR/JPY pair continues to exhibit sideways movement, hovering near the 162.00 mark as it struggles to gather sufficient bullish momentum. Mixed trading behavior...
India’s Forex Reserves Surge to Six-Month High as Rupee Strengthens
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India's foreign exchange (forex) reserves have surged to a six-month high, reaching $686.15 billion as of April 18, marking the seventh consecutive weekly increase....
GBP/USD Forecast: Dollar Weakens as Growth Concerns Take Center Stage
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The GBP/USD forecast suggests a pause in the dollar’s recent relief rally, as concerns about economic growth begin to overshadow temporary optimism. While the...
EUR/JPY Tests Resistance: Bearish Bias for April 25, 2025
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The EUR/JPY currency pair has encountered upward pressure, supported by a series of positive movements and forming additional support at 161.60. This has allowed...
EUR/CAD Faces Strong Resistance: Bearish Outlook for April 25, 2025
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The EUR/CAD currency pair has encountered significant resistance at the 1.5885 level, marking the end of its recent bullish rally. This resistance led to...
GBP/USD Soars to New Highs – Analysis (21 April 2025)
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The GBP/USD currency pair experienced a notable surge in recent intraday trading, breaking through the key resistance level at 1.3290. This move reinforces the...
USD/CAD Declines Further as Bearish Trend Deepens
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April 11, 2025 — The U.S. dollar weakened against the Canadian dollar in Thursday’s intraday trading, continuing its downward trajectory under the firm grip...
GBP/USD Tests Key Resistance Amid Bullish Momentum
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April 11, 2025 — The British pound extended its gains against the U.S. dollar in intraday trading on Thursday, building on recent strength after...
EUR/USD Hits Three-Year High, Breaks Key Resistance Level
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April 11, 2025 — The euro surged against the U.S. dollar on Thursday, with the EUR/USD currency pair reaching its highest level in three...