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The offered tone surrounding the shared currency dragged the EUR/GBP cross back closer to multi-week lows, with bears awaiting a sustained break below

Aurora Cannabis Inc. (ACB) managed to reverse four daily pullbacks in a row on Monday, closing the session with decent gains around the 0.7100 neighbo

"What matters is that we get any change to social distancing right, fully consider the evidence and ensure we communicate the next steps in a clear wa

<p>With RBA out of the way, BoE is the next to announce monetary policy this week. The BoE’s May monetary policy will be accompanied by its quarterly Inflation Report. The central bank has already slashed its policy repo interest rate to<strong> near zero</strong> while expanding its QE programme and putting in liquidity mea

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<p>GBPUSD continued to see narrowing buyers’ surplus on Tuesday after failed retest of the April peak at 1.26500. Selling pressure has noticeably increased due to overall better shape of USD and expectations that the Bank of England will pledge to increase purchases on the government bond market to help investors digest coming glut. Monetary

I will cover the extended rules of logic to analyze zigzags and flat corrections, according to NeoWave theory by Glenn Neely Dear friends! In the previous training article, I covered basic and advanced rules of logic to analyze triangle patterns. If you are not familiar with the NeoWave theory, I suggest you should read the […]

Seasonal sell-offs are just one bear driver for the GBP/USD among many The best monthly rally of the US stocks over the past 33 years has become the further evidence that the pound is subject to seasonal regularities. Amid the beginning of the new fiscal year and the capitals repatriation to the UK in April, […]