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GBP/USD in a channel in a possible 5th wave. If we can break resistance @ 1.3430, we should continue to the 1.000 Fibo @ 1.3500 with the Day chart the Goal @ 1.3570. The pair should prove it out...
GBP/USD has surged on the back of strong UK economic data and the BOE’s interest rate eclipsing the Fed’s. The pair is forming a Dark Cloud Cover pattern at resistance. Two different momentum...
The Bank of England's hawkish stance has driven GBP/USD above 1.33. Traders should watch upcoming GDP figures for their potential impact on BOE decisions. As bulls target 1.41, the momentum could...
GBP/USD eases a bit after strong rally Technical oscillators move slightly down GBP/USD skyrocketed to a fresh two-and-a-half-year high of 1.3365 earlier today, adding almost 3% after the bounce...
SNB is expected to ease for third time; might cut by 50bps RBA to hold rates but could turn less hawkish as CPI falls After inaugural Fed cut, attention turns to PCE inflation September flash...
GBP/USD prints new high near 1.3300 after FOMC rate decision Technical signals remain bullish but clear close above 1.3200 is needed BoE expected to leave rates steady at 11:00 GMT GBP/USD remains...
Gold Surges to a Record High on USD Weakness Gold (XAU/USD) hit a record high on Friday, bolstered by a weaker US dollar (USD) and declining bond yields. Rising expectations of a substantial US...
In the UK, jobless claims rose by 23.7K in August, much better than the 95.5K expected and the 102.3K rise in the previous month. This is relatively positive data as it suggests that the rate of...
UK labor data beats expectations, with regular pay rising by 5.1% and employment increasing by 265k. BoE faces challenges in balancing strong employment figures with moderating wage growth and rate...
GBP/USD hovers within critical zone Stochastics and RSI lose momentum GBP/USD has lost its positive momentum after the pullback on the almost two-and-a-half-year high of 1.3265, trading within the...
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