The (GBPUSD) price settled with sharp decline in its last trading on the intraday levels, as we expected yesterday to reach our expected targets at the critical support level at 1.3340, gaining some of the bullish momentum due to the stability of this support, attempting to recover some of the previous losses, attempting to recover some of the clear oversold...

The (GBPUSD) price rose slightly in its last intraday trading, preparing to attack the key resistance level at 1.3585, amid the dominance of bullish correctional wave on the short-term basis, indicating the dominance of the buying powers on the trading, especially with the continuous positive support due to its trading above EMA50, on the other hand, we notice the emergence...

The Bank of England announced its interest rate decision on Thursday at the conclusion of its November 6 meeting, keeping rates unchanged at 4.00% the lowest level since February 2023 in line with market expectations, marking the second consecutive meeting without a change. This statement is considered positive for the British pound. ...

The UK economy released its annual headline CPI on Wednesday, showing a rise of 3.8% in July, the fastest pace since January 2024. This came in above market expectations of a 3.7% increase, and also higher than the previous reading of 3.6%. The annual core CPI also rose 3.8%, exceeding both market expectations of 3.7% and the prior reading of...