Pound Sterling extends gains against US Dollar as hit from US debt downgrade lingers
The Pound Sterling moves further up to near 1.3380 against the US Dollar as Moody’s downgraded the US sovereign debt and fresh concerns over US-China trade emerge. China accused the…
Intraday GBP/USD Trading Strategy for May 20, 2025
The GBP/USD currency pair, commonly known as “Cable,” is a staple in the Forex trading community, especially among traders in Southeast Asia, India, China, and Japan. As of May 20,…
Forex Market Overview – May 19, 2025
The forex market on May 19, 2025, was notably influenced by Moody’s downgrade of the U.S. sovereign credit rating, which exerted pressure on the U.S. dollar across major currency pairs.…
EUR/USD Technical Outlook for May 19, 2025
Technical Analysis: EUR/USD Remains in Uptrend As of May 19, 2025, the EUR/USD pair is trading around 1.0932, maintaining its position above key moving averages, indicating a sustained bullish trend.…
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Daily Forex Market Overview for May 16, 2025
Market Overview The U.S. dollar faced broad pressure today following softer-than-expected inflation and retail sales data, fueling expectations of Federal Reserve rate cuts in the second half of 2025. This…
GBP/USD Intraday Trading Strategy (May 15, 2025)
GBP/USD Intraday Trading Strategy: Key Technical Levels, Entry & Exit Points, and Market Outlook (May 15, 2025) The GBP/USD currency pair, commonly referred to as the Cable, continues to exhibit…
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