Attention GBP traders, UK stock investors, and anyone following the British economy – brace yourselves. This week could be the most decisive for the pound in 2025.
📉 Expected Rate Cut: The Bank of England is widely anticipated to lower the Official Bank Rate from 4.25% to 4.00% – a 0.25% drop – this Thursday at 11:00 a.m. GMT.
💬 The announcement will coincide with a press briefing revealing the latest monetary policy outlook.
⚠️ A rate cut could send the pound sliding against other major currencies, creating both opportunities and risks for traders.
📊 Be ready – market volatility is coming.
Sign Up Now➡️ https://tlt.ink/exness
📉 Expected Rate Cut: The Bank of England is widely anticipated to lower the Official Bank Rate from 4.25% to 4.00% – a 0.25% drop – this Thursday at 11:00 a.m. GMT.
💬 The announcement will coincide with a press briefing revealing the latest monetary policy outlook.
⚠️ A rate cut could send the pound sliding against other major currencies, creating both opportunities and risks for traders.
📊 Be ready – market volatility is coming.
Sign Up Now
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OPEC+ has announced a production boost of 547,000 barrels per day.
And here’s where the law of supply and demand comes into play:
📈 More Production → More Supply → 📉 Lower Prices
This surge in output means more oil flooding the global market, which could put long-term downward pressure on prices.
💡 Traders, keep your eyes on the charts—this could shape the next big move in crude oil.
And here’s where the law of supply and demand comes into play:
📈 More Production → More Supply → 📉 Lower Prices
This surge in output means more oil flooding the global market, which could put long-term downward pressure on prices.
💡 Traders, keep your eyes on the charts—this could shape the next big move in crude oil.
ETHUSD, daily chart
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
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📱 From gold to forex and over 1400 instruments, the XM App offers a superior trading environment that puts traders in the best position to profit.
Download XM App now : https://tlt.ink/xmbro
#XM #XMIndia #XMApp #ForexTrading #OnlineTrading #ForexApp
ETHUSD, daily chart
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
ETHUSD rebounded above EMA21 and the ascending channel's breakout zone. The price remains in an uptrend, with higher swings and a widening gap between the bullish EMAs.
If ETHUSD sustains its bullish momentum, the price could approach the psychological resistance at 4000.
Conversely, a break below the support at 3300 and returning within the channel could prompt a deeper retracement toward the following support at 2850.
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With Exness, over 98% of withdrawals are instant, processed with no manual intervention.
No waiting. No hidden fees. Just seamless access to your capital.
Trade with the broker that doesn't keep you waiting.
#BorntoTrade #Exness