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GBP/USD falls for 8 consecutive weeks 20- and 200-day SMAs post death cross MACD and RSI suggest more losses GBP/USD recorded the eighth straight negative week after the pullback from the 1.3433...
Key data and geopolitical risks could shape the dollar’s next move. Recent volatility signals shifting dynamics for the greenback. However, the bullish outlook seems to be intact ahead of thin...
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market...
The pound has made strong losses against the US dollar in the third quarter so far, having been overheated in September. Donald Trump’s election has generated some negativity due to the likely...
The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK Retail Sales Weaker Than Expected UK...
Forex Strategy is Bullish: We are currently @ 1.2647 after a bounce. If USDX continues down, we are looking for a continuation to the ATR target/Range top @ 1.2727 area and then to the 1.270 Fibo...
Treasury moves, not Nvidia or geopolitical headlines, drive EUR/USD and GBP/USD price action Both pairs whipsawed as yields rose, with technical signals offering mixed clues. Momentum favours buying...
UK inflation beat expectations and accelerated markedly, but this only temporarily boosted the GBP/USD. The pair came under further selling when it broke above 1.2700.CPI rose 0.6% in October, and...
The escalation in the Russia-Ukraine conflict had only a short-lived impact on FX, and safe-haven demand has rapidly faded. The balance of risks is shifting more to the upside for the US dollar, also...
Forex Strategy is Bullish: We are currently @ 1.2652 in a Falling wedge Breakout. If USDX continues down, we are looking for a continuation to the ATR target @ 1.2726 area and then to the 1.618...
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