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GBP/JPY is currently trading at 181.50 within a range. There is a gap that has not been filled, which only happens 78% of the time. Our prediction is for the trend to continue towards the ATR target...
UK job growth slides, but wages hit a record high GBP/USD slips below 1.25 The British pound is in negative territory on Tuesday. In the European session, GBP/USD is trading at 1.2470, down 0.31%.UK...
UK wage growth hits a record high at 8.5% including bonuses Unemployment remains at 4.3% as the number of unemployed falls by 207,000 Sterling traded lower after the release The Bank of England may...
The EUR/USD pair is getting closer to an important demand zone GBP/USD could test an area near the 'correction equilibrium' zone Meanwhile, EUR/PLN's rally still has legs As we move into September,...
GBPUSD in a steady decline since mid-JulyFound its footing just shy of the 200-day SMACan the bulls stage a comeback?GBPUSD has been forming a structure of lower highs and lower lows since its...
EC downgrades eurozone growth for this year and next Will the ECB be deterred if their forecasts have similar downgrades? EURUSD slips below key support ahead of US inflation data and ECB The European...
EUR/JPY is currently trading at 156.96 within a channel and range. There is an unfilled gap, which is typically filled only 78% of the time. If the support is broken, we can expect a continuation to...
The Japanese yen has roared out of the gates on Monday and gained 1% against the US dollar. In the European session, USD/JPY is trading at 146.34.Ueda Says Negative Rates Could EndThe yen has been on...
The EUR/USD is continuing to go lower in a tight bear channel. The bears want to test the May 31st low, and at the moment, the market will probably get there. It is possible that the market will get...
The European Central Bank is headed for a crunch rate decision next week amid rising recession risks and the job on inflation not yet done. It’s going to be a big week for the US dollar as well,...
UK home prices plunge 4.6% in the year up to August, the worst y/y drop since 2009 UK businesses are expected to deliver the smallest price rise since February 2022 GBP underperforms as BOE rate hike...
British Pound falls to 3-month low against US Dollar UK house prices fall sharply BoE’s Bailey is non-committal about the September rate decision The British Pound has extended its losses on...
The EUR/USD formed a bull doji yesterday. While yesterday’s bull doji is a bad buy signal bar, it is also a disappointing follow-through for the bears, which will convince some bears to take...
The Japanese yen is slightly higher on Thursday. In the European session, USD/JPY is trading at 147.39, down 0.19%.The yen can’t seem to find its footing and has dropped close to 1% this week....