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GBPUSD returns above key support trendline, reduces negative risksTechnical signals are encouraging for a continuation to 1.2850-1.2900 GBPUSD stepped on the 20-day simple moving average (SMA)...
The US dollar is under pressure as the pound, and euro attempt a recovery, raising doubts about its upward trajectory. The dollar's recent easing is due to a minor rebound in risk appetite, a lack...
The British pound is steady on Wednesday after sharp losses a day earlier. In the European session, GBP/USD is trading at 1.2632, up 0.11%.UK Services PMI Expected to AccelerateUK Services PMI will be...
The British pound was almost unchanged on Tuesday. In the European session, GBP/USD is trading at 1.2709, up 0.11%. UK banks are closed for a holiday today, which means the pound is likely to have a...
Gold Rises Above 2,060 Due to Rising Geopolitical TensionsXAU/USD wasn't trading yesterday as Western markets, including NYMEX, were closed due to Christmas. Earlier today, the price of gold (XAU)...
Fresh data from the UK painted a mixed economic picture, but the market, in line with the trends of recent days, paid attention only to the positive data.The bright side was a 1.3% increase in retail...
UK retail sales jump 1.3%, GDP contracts by 0.1% US to release PCE Price Index on Friday The British pound is drifting on Friday. In the European session, GBP/USD is trading at 1.2701, up 0.08%.UK...
UK inflation falls to 3.9%, lower than expected British pound declines The British pound has declined on Wednesday. In the European session, GBP/USD is trading at 1.2658, down 0.58%.UK Inflation...
Gold Continues to Move Higher as Traders Await Key U.S. Economic DataGold (XAU) price rose 0.65% on Tuesday as the US Dollar Index (DXY) weakened and Treasury yields went down. Investors are buying...
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