About: pumarketings
Recent Posts by pumarketings
Chart the Market (27/06/2025)
BTC, H4: Bitcoin (BTC/USD) is attempting to break out of a descending channel that has governed price action since early June, with the current rally pushing up against the upper boundary of this pattern. The move has gained traction after reclaiming the $107,000 area, a key horizontal level that previously acted as both support andContinue Reading
Pound Rises as BoE Pushes Back on Rate Cuts
Key Takeaways: *Sterling rallies to 4-year high as BoE strikes hawkish tone *Middle East ceasefire boosts risk appetite, weighing on USD *Markets await August BoE decision amid sticky wage pressures Market Summary: The British Pound extended its rally on Thursday, with GBP/USD advancing toward 1.3765—its highest level since 2021—as global risk sentiment improved and theContinue Reading
Yen Gains as Dollar Slips, Traders Eye Tokyo CPI
Key Takeaways: *Yen strengthens as dollar slumps and risk sentiment turns cautious *BoJ rate hike hopes hinge on upcoming Tokyo CPI and retail sales data *U.S.-Japan auto tariff deadline looms, adding uncertainty to yen outlook Market Summary: The Japanese yen extended its gains on Thursday, with USD/JPY slipping toward 143.75—its lowest level in two weeks—asContinue Reading
