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GBPUSD reaches overbought area near key resistanceSellers could take control of the market below 1.2588GBPUSD flatlined around the familiar 1.2720 resistance region, which was last tested at the end...
We have had a nice ride off the bottom in gold and silver which I suggested was close in September and alluded to in my August article. This was my first article since April of 2020 where I simply...
It’s been over a year since Liz Truss’ mini-budget plunged GBP/USD to under 1.0400 in September 2022. The Pound Sterling is looking much better now, trading above 1.2700 and on track to...
The GBP/USD has been on fire for the past number of weeks, and the price is coming off its high of the year. The question that traders want to know is why the price has been moving to the upside and...
Gold Is Rising for the Second Month on Expectations of a Dovish U.S. Monetary PolicyThe gold (XAU) price declined by 0.43% on Thursday but remained close to seven-month highs as the Personal...
The Pound Sterling gathered further strength against the United States Dollar (USD) this week, as GBP/USD renewed a two-month high just shy of the 1.2600 level. The pair remains exposed to further...
German Ifo Business Climate Index rose for the third consecutive month. Still, this recovery is weaker than expected, putting the Euro in a more vulnerable position against the Pound and Canadian...
The British pound has gained ground on Thursday. In the North American session, GBP/USD is trading at 1.2536, up 0.34%. Earlier today, the pound touched a high of 1.2569, its highest level since...
The GBP/USD managed to make back its losses from the day before and some. It was boosted by stronger-than-expected PMI data, which helped to push rates well north of the 1.25 handle to reach its...
Fed policymakers encouraged by recent data but won’t get complacent BoE interest rate expectations barely changed after UK Autumn Statement GBP/USD reverses near key resistance The two big...
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