Latest Market News
With over £25 million lost so far, the FCA launches its latest ScamSmart campaign aimed at raising awareness of increasingly sophisticated investment scam tactics: A 59-year-old woman lost £48,000 as scammers used screen sharing software to take over her computer and access her banking history. Her case is one of 2,142 the FCA has seen […]
GBPUSD is falling before the May meeting of the Bank of England. The Pound sterling is looking rather weak against the USD. The current quote for the instrument is 1.2525. The United Kingdom didn’t publish a lot of important macroeconomic statistics this week. However, there will be something worth paying attention to today – the […]
GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD is falling within the bearish channel. The instrument is currently moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 1.2575 and then resume moving downwards to reach 1.2255 Another signal in favour of […]
Type: Bullish BounceKey Levels:Resistance: 1.49684Pivot: 1.47451Support: 1.4689Preferred Case:On the H4, with price expected to bounce off the RSI indicator, we have a bullish bias that price will rise to our 1st resistance at 1.49684 where the swing high resistance , 78.6% Fibonacci retracement and 61.8% Fibonacci projection is from our pivot at 1.47451 in line […]
Type: Bearish ReversalKey Levels:Resistance: 0.71703Pivot: 0.71235Support: 0.7029Preferred Case:On the H4, with price moving below the Ichimoku cloud and the descending trendline, we have a bearish bias that price will drop from our pivot at 0.71235 where the horizontal swing high resistance, 61.8% Fibonacci retracement and 78.6% Fibonacci projection is to our 1st support at 0.7029 […]
Chainlink is set to automate rental payments to property owners of a Latin American real estate platform, adding a new blockchain use-case for the sector. 1904 Total views 34 Total shares The tokenization of global property markets has been an ambitious goal of the blockchain space, and decentralized finance (DeFi) could offer a novel solution […]