How Can BoE Monetary Policy Statement affect the GBP?
In May, against expectations of a slowdown, inflation stubbornly held at 8.7%, creating additional pressure […]
GBPCAD Reacting Perfectly From Equal Legs Area
In this technical blog, we will look at the past performance of the 4-hour Elliott […]
EURGBP at the Bottom of a Falling Tube
EURGBP marked a 10-month low of 0.8517 at the bottom of the four-month-old bearish channel […]
Is BoE Prepared to Step Up Inflation Fight in Light of Another Devastating Inflation Report?
Policymakers at the Bank of England will be scratching their heads this morning wondering what […]
Cautious Sentiment Ahead of Powell Testimony
Market movers today Focus today turns to Fed Chairman Jerome Powell’s semi-annual testimony at 16.00 […]
Can Fed Chair Powell Wake Up Dollar Bulls?
Despite the Fed’s updated dot plot last week signaling that two more rate hikes may be on […]
BoE Expected to Hike after CPI Figures
The consensus that the BoE will hike at the meeting on Thursday is pretty near […]
USD: When Will the Downtrend End?
The possibility of a US recession has ignited intense debates, especially as the labor market […]
GBP/USD Lower Ahead of UK Inflation
UK inflation expected to fall to 8.4% on Wednesday BoE likely to raise rates on […]
GBPUSD Surges to Fresh 14-Month High
GBPUSD has been in a prolonged uptrend since October 2022 supported by its long-term ascending trendline. […]
GBP/USD: Dips Turn Attractive In Near-Term
Key Highlights GBP/USD climbed above the 1.2750 and 1.2800 resistance levels. A major bullish trend […]
Will the BoE Appear Hawkish Enough to Push the Pound Higher?
With the Bank of England (BoE) dropping calls that the UK is facing its longest […]