British Pound After UK Jobs Data: GBP/USD, GBP/JPY, GBP/AUD Price Action
GBP’s ongoing downward correction looks set to continue amid signs of cooling labor market conditions and price pressures. What is the outlook for GBP/USD, GBP/JPY, and GBP/AUD and the key…
Read More »British Pound Ahead of UK CPI: GBP/USD, EUR/GBP, GBP/JPY Price Action
The British pound is holding on to its recent gains ahead of the key UK inflation data as speculative long GBP positioning is at its highest level since 2014. How…
Read More »Understanding Spread in Forex: What It Is and what Moves It
Foreign Exchange, commonly known as forex, is a large industry that makes it possible for people to buy and sell currencies for a profit. It is the most liquid market…
Read More »Exotic Currency Pairs: Examples, Risks and Strategies
The forex market is the biggest industry in the financial market, with trillions of dollars being traded on any given day. It is significantly bigger than the stock, commodities, and…
Read More »How to Day Trade the EUR/GBP: Movers and Strategies
The EUR/GBP pair is a popular forex cross in the market because of the strength of the British and European economies. Also called the chunnel, the pair offers huge opportunities…
Read More »Events to Look Out for Next Week
Things are likely to get quiet now until the middle of August, when officials start to return from the summer holidays and another round of EU-UK trade talks is set…
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