GBP/USD –02.05.2025 – Orbex Forex Trading Blog

Trump has now signed the bill to reopen the US government. Shut down is over. Until the next one. This bill funds the government until the end of January. – Trump admits a lot of damage has been done: estimates it cost US$1.5tln damage will take weeks and months to totally calculate calls for termination…

On Thursday, the U.S. Securities and Exchange Commission (SEC) announced a settlement agreement with Ripple Labs, Inc. and its executives Bradley Garlinghouse and Christian Larsen.  The move potentially ends a long-running civil enforcement action filed in December 2020. Under the terms of the agreement, the SEC and Ripple will jointly ask the district court to…

The TRIX and Breakout Trading Forex Strategy is an effective and dynamic approach that combines the power of the TRIX indicator with breakout strategies to identify high-probability trade opportunities in the forex market. The TRIX (Triple Exponential Average) is a momentum indicator that helps traders filter out market noise and focus on the underlying trend…

Log in to today’s North American session Market wrap for December 12 When you thought things were going to be straightforward at least until NFP, you were wrong. Fed speak can have immense effects after Rate Decisions, as seen with today’s action. Austan Goolsbee and Jeffrey Schmid, the two dissenters from Wednesday’s decision, expressed their…

USD/JPY’s rise from 139.57 continued last week and hit as high as 156.74 before retreating. Initial bias stays neutral this week first and some consolidations could be seen. But further rally is expected as long as 151.27 support holds. Above 156.74 will target 61.8% projection of 141.63 to 153.87 from 151.27 at 158.83. In the…