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What Are the Big 5 Currencies?

In the world of finance and international trade, currencies play a crucial role in shaping economic relationships and influencing markets. Among the multitude of...

Does the Spread Change on Forex?

In the realm of foreign exchange (Forex) trading, understanding the concept of the spread is crucial for traders seeking to optimize their strategies and...

GBP/JPY Price Forecast Update – September 27, 2024

The GBP/JPY pair has successfully exceeded the MA55, advancing toward the 50% Fibonacci correction level at 194.20, which was identified as a key target....

GBPJPY Pressures Moving Average: Forecast for September 26, 2024

The GBPJPY currency pair has exerted significant positive pressure on the MA55 at 193.00, indicating a potential resumption of the bullish trend. The next...

GBP/JPY Price Forecast Update – September 25, 2024

The GBP/JPY currency pair achieved its first additional target at 193.30 yesterday but has since experienced a temporary negative rebound, settling around the 192.20...

EUR/GBP Forecast Update – September 25, 2024

The EUR/GBP currency pair is experiencing significant losses, primarily driven by persistent negative pressure as it continues to consolidate within a bearish channel. The...

GBP/USD Forecast Update – September 25, 2024

The GBP/USD currency pair is currently exhibiting a bearish bias, moving towards a potential test of the key support level at $1.3355. This downward...

GBP/JPY Continues Positive Closings: Forecast for September 24, 2024

The GBP/JPY currency pair exhibited mixed trading yesterday, primarily due to a lack of positive momentum. After reaching a low of 190.15, the pair...

GBP/CHF Set to Experience Negative Momentum: Forecast for September 24, 2024

The GBP/CHF currency pair has concluded its corrective bullish rally after encountering resistance at the 1.1340 level. This key barrier has prompted a downturn,...

What Causes High Spread in Forex?

In the world of forex trading, the spread is a crucial concept that every trader must understand. The spread refers to the difference between...

GBP/USD Forecast Update – September 20, 2024

The GBP/USD currency pair is showing signs of positive momentum, testing the resistance line of its bullish channel. Traders anticipate further gains, with targets...

GBPAUD Forecast: September 20, 2024

The GBPAUD pair has shown consistent positive closings above the previous resistance level of 1.9325, establishing solid support for a potential bullish trend. The...

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