GBPUSD Maintains its Impressive Rally – Orbex Forex Trading Blog

The British pound sterling maintains a strong hold on the bullish momentum with six consecutive weekly gains so far. Price action is nearing the April 2008 highs of 1.4376. The strong uptrend could be further cemented if the cable breaks out sharply from the rising price channel. The immediate support to the downside is near … Read more

Ethereum Maintains Bullish Market Structure Despite Selloff; Rebound Imminent?

Ethereum has seen an intense selloff ever since its price reached highs of $1,450 just a few days ago The selling pressure here was rather intense and came about right as BTC started reversing its uptrend This caused the aggregated market to see some intense selling pressure that has yet to alleviate The crypto is … Read more

Euro Price Action: ECB Maintains Policy, Euro Remains at Daily Highs

EUR/USD Price Analysis & News ECB Keeps Powder Dry with Monetary Policy Left Unchanged Euro Unmoved Following Decision BOTTOM LINE As widely expected, the ECB left monetary policy unchanged with the depo rate remaining at -0.5% and the current pace of QE purchases maintained. The bank also reaffirmed the need for current policy to remain … Read more