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GBP/USD declines steadily from 1-year high The bears eye the 50-day SMA as next target Momentum indicators ease but remain positively tilted GBP/USD had been on the rise following its bounce...
This week, the forex market could see higher-than-usual activity with key central bank decisions and economic data releases. The Fed and BoE meetings, along with the NFPs report, will impact EUR/USD...
GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise. Statistics released...
GBP/USD is declining due to speculation of a BoE rate cut and concerns about global growth. Market participants are pricing in a 53% chance of rate cuts in August, but economists polled predict an...
GBP/USD eases but remains above the uptrend line Stochastics and RSI suggest more losses GBP/USD is retreating after a strong rally towards the one-year high of 1.3045. The technical oscillators...
Gold Declines Amid Profit-Taking and Strong US Economic Data The gold (XAU) price dropped by 1.82% on Friday as the US dollar (USD) strengthened, driven by a stronger-than-expected July Philadelphia...
Love it or hate it, the 2024 US Presidential Election will only continue to get more media coverage from here. In an effort to head off the inevitable efforts to tie election results to market...
A batch of inflation statistics from the UK seems to have fueled the pound's rally against the dollar and GBP/EUR, which has been going strong since the beginning of the month.Consumer inflation...
The British pound continues to roll and is up for a sixth straight day. GBP/USD is trading at 1.3038 in the European session, up 0.51% on the day. The pound has sparkled in July, climbing 3% and...
The gold (XAU) price reached an all-time high on Tuesday as the chances of a rate cut by the Federal Reserve (Fed) in September increased. Gold has gained 6.36% over the past four weeks and 25.16%...
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