After GBP/USD hit the lowest level since December 2020, it has reversed up and gained some strength.
Daily Market Analysis
Less than a week ago we heard a lot of dovish statements from BOJ Gov Kuroda. What is happening with Japan’s economy and are the dark times beginning for JPY? It’s time to find out!
The Bank of England has announced an important decision which sent GBP/USD up by over 1000 points.
GBP/USD is moving inside the ascending channel. Since it’s in the lower part of this channel, the pair should reverse up and continue moving in zig-zag.
The South African rand has dropped against the US dollar. What are the reasons?
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