Asia FX gains led by S. Korean won; dollar subdued amid trade uncertainty

By RoboForex Analytical Department  The GBP/USD pair surged to 1.3008 on Thursday, marking its highest level in 4.5 months. This upward momentum has fuelled speculation about additional gains for the British pound. Global Factors to Drive GBP/USD Movement The market has largely priced in the US dollar’s decline, which has provided a tailwind for the…

As silly as it sounds, the fear of success is as real as the fear of failure for some forex traders. In fact, I would argue that it is more detrimental than the latter because it is rooted in the subconscious. Everybody says they want to be successful, but some people fear the changes that success may…

The FVG MT4 Indicator solves this exact problem. It highlights Fair Value Gaps on charts, showing traders where the market might return to fill those price voids. This tool takes the guesswork out of finding high-probability trading zones. What Fair Value Gaps Really Mean Fair Value Gaps happen when the price moves so quickly that…

Yesterday, as widely expected, the European Central Bank (ECB) cut interest rates for the eighth time since May 2024. According to ForexFactory, the main refinancing rate was lowered from 2.40% to 2.15% (having stood at 4.50% in May 2024). According to Reuters:→ ECB President Christine Lagarde stated that interest rates are now at a “good…