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How Do You Avoid High Spread in Forex?

In the dynamic world of foreign exchange (Forex) trading, the spread—the difference between the bid and ask price—plays a crucial role in determining the...

GBPJPY Activates Bullish Correction – Forecast for September 19, 2024

The GBPJPY pair has confirmed a shift to a bullish correctional trend by surpassing the 187.15 level. This movement has led to a strong...

GBPUSD Forecast Update – September 19, 2024

The GBPUSD price has demonstrated further positive movement, reaching the $1.3265 level. A breach of this level is anticipated to confirm the extension of...

GBP/JPY Hits Resistance Level – Forecast for September 18, 2024

The GBP/JPY currency pair exhibited corrective bullish attempts yesterday, testing the resistance barrier at 187.15 before beginning to decline. Currently, the pair is consolidating...

How Many Lots Is 1000 in Forex?

When trading in the forex market, one of the first things new traders must learn is how to size their trades appropriately. The concept...

What is the Size of the Forex Market?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, offering a platform for the exchange of currencies....

What is a 0.10 Lot Size in Forex?

When trading in the foreign exchange (forex) market, one of the most important concepts that every trader needs to understand is the "lot size."...

GBP/USD Forecast Update – September 13, 2024

The GBP/USD currency pair recently tested a crucial support level at $1.3124, maintaining stability above it. This price action supports a bullish trend for...

What Is the Main Currency of the World?

In the complex world of global finance, currencies serve as the backbone of trade, investments, and economic activities. Among the multitude of currencies circulating...

GBPJPY Hits Target: Forecast for September 12, 2024

The GBPJPY currency pair has recently completed its downward move by reaching the target of 183.70. This level has acted as a barrier against...

GBP/JPY Continues to Decline: Forecast for September 11, 2024

The GBP/JPY currency pair has sustained a downward trajectory, extending its losses and surpassing the initial target of 185.10. This trend indicates the potential...

What Is the Main Stock Index in the UK?

The United Kingdom is home to one of the world’s most prominent financial markets, with its capital, London, serving as a global hub for...

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