UK May GDP Could Offer Relief for the Pound – Orbex Forex Trading Blog

Today, the Swiss National Bank (SNB) decided to keep its interest rate unchanged at zero, in line with analysts’ expectations. Notably:→ The SNB’s interest rate remains arguably the lowest among central banks of developed economies;→ According to official statements, the main obstacle to Swiss economic growth is Trump’s tariffs. Technical Analysis of the USD/CHF Chart…

Spot gold prices took a breather after making new record highs earlier this week. Is the commodity ready to extend its uptrend after falling to a technical support zone? Today’s 4-hour chart may give us some clues! Gold (XAU/USD) 4-hour Chart by TradingView If you missed yesterday’s market price action, you should know that the…

Daily Pivots: (S1) 1.3435; (P) 1.3477; (R1) 1.3507; More… GBP/USD is still bounded in consolidations below 1.3598. Intraday bias bias stays neutral first. Further rise is still in favor with 1.3379 support intact. On the upside, sustained break of 61.8% retracement of 1.3867 to 1.3158 at 1.3596 will pave the way to retest 1.3867 high….

Getting sick of the good ol’ trading tips for beginners? Here are some unusual (yet very helpful!) pieces of advice I’ve garnered from trading pros: 1. Don’t look at your P/L Wait, what..? That’s right, close that P/L tab on your trading platform or cover that panel up with some masking tape if you have…

Online brokerage Interactive Brokers LLC has been fined $475,000 by the Financial Industry Regulatory Authority (FINRA) for supervisory failures related to its securities lending program. According to a FINRA Letter of Acceptance, Waiver, and Consent (AWC), Interactive Brokers made errors in calculating the number of excess shares of stocks listed on European exchanges it had…