Daily Pivots: (S1) 1.3508; (P) 1.3534; (R1) 1.3556; More… GBP/USD is staying in consolidations below 1.3590 temporary top and intraday bias stays neutral. Further rise is expected with 1.3332 support intact. Firm break of 1.3594 will resume the rally from 1.3140 and target a retest on 1.3787 high. In the bigger picture, up trend from […]
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Three major central bank decisions are due, with Swiss National Bank, Bank of England, and European Central Bank all widely expected to leave policy unchanged. Markets are therefore less focused on the decisions themselves and Read more…
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Bank of Japan left its policy rate unchanged at around 0.75% as widely expected, and maintained a clear tightening bias, signaling that further rate hikes remain on the table. The decision was passed by an Read more…