Tag Archives: British Pound Sterling
Focus on GBPUSD today – 23rd July 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 23 2024. Key Takeaways Technical Analysis Daily Chart Insights H1 Chart Insights 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 Price Rises Persist, FTSE Fluctuates, Sterling Nears Peak
The FTSE 100 closed 0.28% higher on Wednesday, driven by gains across multiple sectors. Oil majors, miners, utilities, and defensive stocks such as pharmaceutical companies and tobacco firms all contributed to the index’s positive performance. Burberry emerged as the standout performer, leading the index with a rise of over 4%. This surge was attributed to […]
Focus on GBPUSD today – 17th July, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 17, 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 – 4th July 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for July 4 2024. Key Takeaways Technical Analysis Daily Chart Insights 1-Hour Chart Insights 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 – 25th June, 2024
In this comprehensive analysis, Ultima Markets brings you an insightful breakdown of the GBPUSD for June 25, 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 Inflation Hits 2% Target, Bank of England Maintains Interest Rates
In May, the annual rate of inflation in the United Kingdom dropped to the 2% level that the central bank aims for, meeting the expectations of financial analysts. Additionally, the core inflation rate, which removes the volatile food and energy prices to give a clearer view of inflationary trends, decreased from 3.9% to 3.5%, aligning […]
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 […]
