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UK Inflation Shakes BoE Plans | Dollar Holds, Bitcoin Nears $112K

Written on May 22, 2025 at 9:28 am
Categories: Market In Minutes
Tags: bitcoin, GBPUSD, UK Inflation
Chart the Market (22/05/2025)

BTC/USD, H4: BTC/USD continues to edge higher, currently testing the critical resistance level at 111,365.00, which corresponds with a key Fibonacci expansion level. A decisive breakout above this level may reinforce the bullish trend, opening the path toward the next major Fibonacci resistance around 120,745.00. The bullish scenario is further supported by the MACD, whichContinue Reading
Gold Prices Climb as Debt Concerns and Geopolitical Risks Persist

Key Takeaways: *Rising geopolitical tensions between Israel and Iran add to safe-haven demand. *Market attention remains on Trump’s proposed fiscal package, which could worsen debt outlook. Gold prices edged higher on Tuesday, supported by a combination of escalating U.S. fiscal concerns and renewed geopolitical tensions in the Middle East. With a lack of major economicContinue Reading
Written on May 22, 2025 at 3:30 am
Categories: Daily Market Analysis
Tags: Gold, israel-iran, Tension, Trump
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