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GBP/JPY drops 0.56%, as rising Israel-Iran tensions drive safe-haven flows to the Yen. Though lower, the pair stays bullish above the Ichimoku Cloud, with recovery possible upon reclaiming 192.00. Watch key levels: Immediate support at the Kijun Sen at 191.06, with potential further drops towards 19

Summary After spending the better part of the past year in the doldrums, the factory sector is showing signs of life. Industrial production rose 0.4% in March, coming on the heels of an upward revision to February. The outturn marks two consecutive months of increases for the first time since early

The Pound Sterling declines further after the UK ONS reported weaker-than-expected labor market data. Employers laid off workers in February, exhibiting the negative impact of higher UK interest rates. The market sentiment remains risk-off amid fears of an escalation in Middle East tensions. The Pou

Following the publication of the high-impact China’s activity data for March, the National Bureau of Statistics (NBS) expressed its outlook on the economy during its press conference on Tuesday. Key quotes (via Reuters) China's consumer inflation will recover mildly. Meanwhile, citing sources, Reute

Now that things are settling down, the world has come to the conclusion that the central banks may not be lowering Interest Rates as much as we would have hoped. This has caused a weakening in the stock markets and we can see from the US indices that we are in decline. Before we get into it don’t fo

The Pound Sterling faces pressure as geopolitical tensions improve the appeal for safe-haven assets. UK’s employment and inflation data will influence speculation over BoE rate cuts. The UK economy is on track to come out of a technical recession. The Pound Sterling (GBP) shows a modest recovery aga

Many forex traders use seasonal patterns as part of their trading strategy. Here are some seasonal patterns worth watching including the best and worst performing currencies in the month of April. Share: Analysis feed

GBP/USD trades on a softer note around 1.2530 following UK GDP numbers on Friday. UK monthly Gross Domestic Product (GDP) grew 0.1% MoM in February vs. the 0.1% expected. The lower speculation of Fed rate cuts this year lifts the Greenback and weighs on the pair. The GBP/USD pair remains on the defe