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The Rising Wedge has been broken. Is this an early indication for GBPJPY?

GBPJPY, H4 The Bank of England appeared to rule out the idea of giving in to previous derivatives market pricing, which implied that the Bank...

BoE Announcement – November 3 2022 – A Dovish Hike

GBPUSD, H1 BoE hiked key rate by 75 bp to 3.00% - as expected¹. At the same time the BoE said the peak interest rate...

Market Update – October 27 – USD Lower, BOC Surprise, META & Samsung Miss

USDIndex – Slumped to under 110.00 to 109.40. US new home sales dropped -10.9% in September, in line with expectations and BOC surprised markets...

GBPJPY: Testing long-term FR 38.2%

Bond yields in the UK plunged after the country welcomed a new Prime Minister, Rishi Sunak. Data showed that the UK 1-year, 2-year, 5-year,...

Market Update – October 7 – NFP Day – USD Remains on the Front...

USDIndex – Rallied again yesterday and trades over 112.00 (up 1.85% in 2-days) currently. The chorus of Fedspeak (Cook, Evans, Kashkari, Waller &...

Technical update – Sterling Grosses

Sterling has seen sharp falls in most pairs, some with runs of over 1000 pips from their highs and some with 800 pips today...

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