Markets The Bank of England left its policy rate unchanged at 5% in a 8-1 majority vote. Swati Dhingra dissented in favour of a 25 bps rate cut, on the back of last month’s inaugural move. The central bank also announced an intention to reduce the stock of UK government bond purchases held for monetary […]
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Key Highlights GBP/USD extended losses and tested the 1.2600 support. A connecting bearish trend line is forming with resistance at 1.2700 on the 4-hour chart. Bitcoin started a consolidation phase near the $90,000 zone. Oil Read more…
Gold reversed from key support level 2550.00 Likely to rise to resistance level 2650.00 Gold recently reversed up from the support zone located between the key support level 2550.00 (which also reversed the price in Read more…
EURUSD reversed from long-term support level 1.0500 Likely to rise to resistance level 1.0620 EURUSD currency pair recently reversed up from the major long-term support level 1.0500 (which has been steadily reversing the price from Read more…