Intraday Analysis 28.04.2025 – Orbex Forex Trading Blog

The GBP/USD has rallied hard the past two weeks, but its upward climb has slowed down just shy of last year’s high of 1.3143. Although the pair has pulled back, the price action suggests very strong bullish sentiment in the GBP/USD pair. However, this optimism may be short-lived, as a less dovish (or even hawkish)…

There is a continued sense of fear and uncertainty in the financial markets resulting in the USD being weaker and the JPY stronger today. The opposite of this was true yesterday when President Trump put the tariffs mostly on hold, causing USDJPY to soar higher. Today, apprehension was back and after waiting for the U.S….

Understanding how to trade successfully in the Forex market starts with one important step: creating a solid trading plan. Without planning, even the best traders struggle to stay focused and manage risk properly. A well-structured plan can boost your discipline, help you avoid costly mistakes, and increase your chances of making consistent profits. Understanding the…

As the GBP/USD chart shows today:→ Since the start of the month, the pound has declined by approximately 2.5% against the US dollar.→ The 1.2618 level has shifted from support to resistance (as indicated by arrows). Bearish sentiment has also been fuelled by Friday’s UK data (according to Forex Factory):→ Retail sales fell by 0.7%…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…