FPG GBPUSD Market Report May 20, 2025
FPG GBPUSD Market Report May 20, 2025 GBPUSD is currently around 1.33503, showing a bullish strength from a recent consolidation phase. Price action suggests renewed upside momentum, though overhead resistance remains a key test for bulls. Market sentiment appears to be shifting in favor of buyers. Price has broken above both the Tenkan-sen and Kijun-sen […]
China Cuts Lending Rates to Boost Demand
China Cuts Lending Rates to Boost Demand China’s central bank has lowered its benchmark lending rates for the first time this year in a bid to reignite domestic demand. On Tuesday, the People’s Bank of China reduced the one-year loan prime rate by 10 basis points to 3.0%, while the five-year rate was trimmed to […]