Tag Archives: British Pound Sterling
Focus on GBPUSD today – 20th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 20, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 11th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 11, 2024. Key Takeaways Technical Analysis Daily Chart Insights 4-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
UK Equities and Pound Hold Firm Amid Mining Sector Strength
On Monday, the FTSE 100 edged marginally higher, closing at 8,424.20 (+0.047%), remaining near the record peak set last week. The modest rise was partly due to advances in heavyweight mining shares, which countered declines in rate-sensitive equities. Fresnillo’s stock climbed 4%, topping the mining sector, as it benefited from a continued uptick in silver […]
FTSE 100 Hits New Record as Bank of England Signals Potential Rate Cut
On the 9th of May, the Bank of England held the main bank rate steady at 5.25%, which hasn’t been this high since 2008 and was anticipated. Yet, two of the committee’s members were in favor of a 0.25 percentage point cut, an increase from the solitary member at the last meeting. Additionally, while they […]
FTSE 100 Reaches Record Peak, Market Eyeing BoE’s Rate Decision
The FTSE 100 had a strong performance on the trading day after the Early May Bank Holiday. It reached an intraday record peak of 8,335.68, representing a 1.49% climb. By the end of the session, the index closed at 8,313.67, marking a 1.22% gain for the day. The rise mirrored the previous two sessions’ increases […]
Mounting Expectations for British Rate Cut Sparks Market Volatility
The FTSE 100 index extended its early gains, closing 1.62% higher at 8,024 on Monday, marking a record-high close. It outperformed other European stock markets amid hopes of eased financial conditions and lower concerns about geopolitical risks. Bank of England Monetary Policy Committee (MPC) member Ramsden downplayed the risks of higher inflation in the UK […]
Focus on GBPUSD today – 2nd April 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 2nd April 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 21st March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 21st March 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 13th March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 13th March 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]
Focus on GBPUSD today – 5th March 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for 5th March 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-hour Chart Analysis Pivot Indicator Conclusion To navigate the complex world of trading successfully, it’s imperative to stay informed and make data-driven decisions. Ultima Markets remains dedicated to providing you […]