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Bearish: We are currently @ 1.2712 after taking out slope support. If we can break through the support here, we are looking for a continuation to the 0.500 Fibo @ 1.2665 with the...
US Dollar Index struggles at 103.4 resistance amid rising bond yields, impacting major currencies and gold. ECB hints at a slower rate cut approach, affecting EUR/USD's weakening trend. USD/JPY rises...
UK retail sales slide 3.2% in December GBP/USD edges lower The British pound has weakened slightly on Friday. In the European session, GBP/USD is trading at 1.2682, down 0.18%.UK Retail Sales Take a...
OANDA Senior Market Analyst Craig Erlam gives his analysis of GBP/USD in light of the UK inflation and US retail sales releases. Original Post
UK inflation rises unexpectedly GBP/USD climbs higher The British pound has edged higher after UK inflation rose unexpectedly in December. In the European session, GBP/USD is trading at 1.2694, up...
GBPUSD experiences losses in the past couple of sessionsBut its short-term sideways structure holdsMomentum indicators turn slightly negative GBPUSD had been trending higher within an upward sloping...
UK wages ease to 6.5% GBP/USD falls UK to release inflation on Wednesday The British pound is sharply lower on Tuesday after a solid UK employment report. In the European session, GBP/USD is trading...
UK wage growth expected to drop to 6.8% UK GDP rises 0.3%, but risk of recession remains The British pound has started the week with slight losses. In the European session, GBP/USD is trading at...
UK GDP rebounds to 0.3%, but economy remains weak US inflation hotter than expected at 3.4% The British pound is showing limited movement on Friday. In the European session, GBP/USD is trading at...
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