Blogs

<img src="https://fxopen.com/blog/en/content/images/2024/01/main1901_01.jpg" alt="Optimal Position Size May Reduce Risks" /><p>Position sizing in trading is a crucial yet often overlooked aspect of risk management. It&apos;s the art of determining how much capital to allocate to each trade, balancing the potentia

<img src="https://fxopen.com/blog/en/content/images/2024/01/gbp-usd-2.jpg" alt="Market Analysis: GBP/USD Recovers While EUR/GBP Dives Below Support" /><p><em>GBP/USD is attempting a recovery wave above the 1.2690 resistance. EUR/GBP declined steadily below the 0.8585 and 0.8570 support levels.</em></p&

<p>Tata confirms shutdown that will affect many more jobs in south Wales community The owner of Port Talbot steelworks has confirmed that the plant’s two blast furnaces will shut down, in what unions have described as a “crushing blow” that will cost about 3,000 jobs directly and many more in the south Wales community. Port

<p>Rolling coverage of the latest economic and financial news, including the latest news on the future of the Port Talbot steelworks Tata Steel to shut down Port Talbot blast furnaces, putting 3,000 jobs at risk The issue of how to decarbonise economies has been a theme at Davos this week. Chrystia Freeland, Canada’s finance minister, [

<p>Metropolitan police trying to trace mother, who they say will need urgent medical attention A newborn baby is being cared for in hospital after she was found in a shopping bag by a dog walker in east London, the Metropolitan police said. Police are trying to trace the girl’s mother, who they say will need […]

<p>Home Office reportedly hired hangar and aircraft fuselage to rehearse forcing people onto flights as Ruth Davidson says they are ‘probably never going to happen’ Incidentally, the speaker programme is a little sparser today, but my colleague Graeme Wearden is in Davos for the Guardian. Today the conference will wrap up with its

<p>Exclusive: FoI request reveals Home Office paid £133,000 to charity for support for frontline staff amid surge in agency’s absences UK politics live – latest updates The Home Office spent a six-figure sum on mental health support for frontline Border Force officers after mental health-related absences for staff across the

<p>Mayor pledges £123m to keep prices down as opponents accuse him of trying to buy re-election votes Londoners will not pay anything more for single tube and bus fares until at least March 2025 after the mayor, Sadiq Khan, announced a fare freeze. Transport costs will however continue to rise for people making multiple journeys, [&helli

GBPJPY has made a notable surge, scaling up from 178.72 right up to 188.90, and breaking past the previously set resistance at 188.64. However, we’ve started to see a pullback from this spire at 188.90, indicating that the uptrend might temporarily be consolidating. The upshot? Range trading is anticipated between 187.00 and 188.90 in the [&h

Our focus in today’s Forex update is EURGBP, which has stretched its downside trend from 0.8714 to as far as 0.8554. In the current scenery, immediate resistance lies at 0.8590. As long as this mark serves as a cap, we might expect the bearish trend to keep its momentum. The next target on this downward […]