Daily Market Analysis By FXOpen

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GBP/USD Recovers as EUR/GBP Starts Consolidation

GBP/USD is attempting a recovery wave above the 1.2500 resistance. EUR/GBP is consolidating and might aim for a fresh increase above 0.8320.

Important Takeaways for GBP/USD and EUR/GBP Analysis Today

• The British Pound is attempting a fresh increase above 1.2420.
• There was a break above a key bearish trend line with resistance at 1.2455 on the hourly chart of GBP/USD at FXOpen.
• EUR/GBP is trading in a bearish zone below the 0.8330 pivot level.
• There is a short-term contracting triangle forming with resistance near 0.8305 on the hourly chart at FXOpen.

GBP/USD Technical Analysis

On the hourly chart of GBP/USD at FXOpen, the pair declined after it failed to clear the 1.2600 resistance. As mentioned in the previous analysis, the British Pound even traded below the 1.2500 support against the US Dollar.

Finally, the pair tested the 1.2350 zone and is currently attempting a fresh increase. The bulls were able to push the pair above the 50-hour simple moving average and 1.2450. The pair even climbed above the 1.2500 level.

There was a break above a key bearish trend line with resistance at 1.2455. The pair climbed above the 50% Fib retracement level of the downward move from the 1.2607 swing high to the 1.2352 low.

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Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

 

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Trading Strategies for Different Liquidity Conditions

Navigating the financial markets requires a keen understanding of liquidity conditions and their impact on trading strategies. From the bustling activity of high-liquidity markets to the more unpredictable nature of low-liquidity environments, each presents unique challenges and opportunities. This article explores three trading strategies tailored to different liquidity scenarios.

What Are Liquidity Conditions?

Liquidity conditions in financial markets refer to the ease with which assets can be bought or sold at stable prices. Essentially, it's about how quickly and efficiently a market can match buyers and sellers. High liquidity is characterised by a high volume of trading activity, where transactions can be executed swiftly without significantly impacting the asset's price. High liquidity conditions examples include major forex pairs like EUR/USD, which typically have plenty of buyers and sellers at any given price level.

Conversely, low liquidity markets might involve less frequently traded assets, like certain small-cap stocks, where finding a buyer or seller takes longer, potentially leading to more significant price fluctuations for each trade.

VIEW FULL ANALYSIS VISIT - FXOpen Blog...

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

RISK WARNING: Trading on the Forex market involves substantial risks, including complete possible loss of funds and other losses and is not suitable for all members. Clients should make an independent judgement as to whether trading is appropriate for them in the light of their financial condition, investment experience, risk tolerance and other factors.

 

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The Share Price of Moderna (MRNA) Surged Over 10% in a Day

As shown by the chart of pharmaceutical company Moderna (MRNA):
→ 2024 was an extremely difficult year, with the price falling by approximately 60%;
→ however, in early 2025, we can see signs of renewed strength.

During yesterday’s session, Moderna’s (MRNA) share price rose by more than 10%, following news of the first death in the US from H5N1 bird flu. According to Barron’s, Moderna is one of the few pharmaceutical companies currently developing a vaccine for H5N1 bird flu, which is spreading rapidly across North America.

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.

 

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Eurostoxx 50 Index Rises Above 5000

As indicated by the chart of the Eurostoxx 50 index (Europe 50 on FXOpen), its value climbed above the psychological level of 5000 points in early 2025.

The strength of demand may be driven by portfolio rebalancing or long-term investor expectations, as today’s news for the European stock market was negative. According to ForexFactory:
→ industrial orders in Germany dropped by 5.1% month-on-month (expected: -0.3%);
→ retail sales in Germany fell by 0.6% month-on-month (expected: +0.5%);
→ France reported a worsening government budget balance.

TO VIEW THE FULL ANALYSIS, VISIT FXOPEN BLOG

Disclaimer: This article represents the opinion of the Companies operating under the FXOpen brand only (excluding FXOpen EU). It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.