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The British pound is on a nasty slide and has lost 1.8% since Monday. In the European session, GBP/USD is currently trading at 1.2294, down 0.53%. Earlier, the pound fell as low as 1.2237 (1%), it...
GBP/USD remains beneath the downtrend line. RSI and MACD weaken momentum. 200-day SMA looks to be tough resistance. GBP/USD returned to the downside after it topped the significant resistance...
Forex Strategy is Bullish: We are currently @ 1.2545 in a range. Since we broke the support, we are looking for a continuation to the ATR target @ 1.2608 area, with the overall target the 1.270 Fibo...
The GBP/USD has stabilized on Friday, after declining more than 1% a day earlier. In the European session, GBP/USD is currently trading at 1.2406, up 0.16% on the day. The US economy is in solid...
US Dollar holds firm during thin holiday trading as yields creep up. But eases against yen as BoJ January hike in play. Stocks mixed in last few trading days of 2024. No End in Sight to Dollar’s...
GBP/USD finds strong support in 1.2480 region But upside momentum struggles to take off GBP/USD has managed to hold above the 1.2500 mark this week following last week’s post-Fed tumble that pulled...
Dollar pulls back, but data corroborate Fed’s hawkish stance. Yen bleeding stops after Japan’s CPI data reveal acceleration. Wall Street set to open lower on risk of a US government shutdown. Will...
The GBP/USD has steadied on Friday, after sliding 1.6% in the past two days. In the European session, the pair is trading at 1.2510, down 0.10% on the day at the time of writing. Retail Sales Point...
GBP/USD shows some recovery after three-week low Technical signals reflect persisting selling interest BoE rate decision next in focus at 12:00 GMT GBP/USD is trying to heal its wounds after taking...
GBP/USD is showing little movement on Wednesday. Early in the North American session, the pair is trading at 1.2679, down 0.07% on the day. UK Inflation Climbs to 2.6% Inflation in the UK climbed to...
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