setups

The GBPJPY pair remained stable during the later part of Tuesday's trading session, hovering close to the 181.00 level.

Losses for the EURJPY currency pair at a rate of 157.574 were minimal due to the overall weakness of the Japanese Yen.

The GBPUSD currency pair, trading at a rate of 1.21570, has experienced a decrease of 0.46% due to investor aversion to risk following the Bank of England's decision last week.

The USDJPY pair has risen to a new high for the year at 149.18, supported by elevated US bond yields.

The USDCAD pair reached above the 1.3500 level during trading on Tuesday.

The price of gold decreases as the rise in US bond yields and the strengthening of the US Dollar create a difficult situation for the valuable metal.

The US dollar to Mexican peso exchange rate (USDMXN) is currently increasing, with the pair currently being traded at 17.4904. This upward movement is primarily influenced by the US Federal Reserve's more aggressive and optimistic approach.

The NZDUSD pair, currently at a level of 0.59529, is staying stable around the 0.5950 mark on Tuesday following a minor setback to 0.5935.

The Australian Dollar to US Dollar exchange rate, currently at 0.64120, has dropped by 0.08% to 0.6418. Sellers have set their sights on reaching the 0.6400 level, and there is a possibility of breaking below an important support trendline that has been in place for two and a half years.

According to SocGen, the EURGBP is expected to gradually increase from its current value of 0.86960 to 0.90 and even further in the future.