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JOLTS job openings slip to 8.827m (9.465m expected, 9.165m previously) Consumer confidence also falls but the survey is volatile Is last week’s breakout stalling? As we near the end of the...
EURUSD Strong resistance at 1.0830/40 & 1.0880/1.0900.GBPUSD strong resistance at 1.2680/1.2700 today - shorts need stops above 1.2720. NZDCAD resistance at 8080/8100 & shorts need stops above...
The ECB hawks have stepped in to revive depressed rate expectations, but markets are opting for data dependency, and EUR/USD is set to face two key risk events with eurozone inflation figures before...
Strong US data has boosted the greenback ahead of Fed Chairman Powell’s highly-anticipated Jackson Hole speech tomorrow. GBP/USD is again testing support in the 1.2625 area, and a break of this...
UK yields fall amid economic uncertainty BoE expected to raise rates twice more this year to 5.75% Cable testing key support for a second day The pound is on the decline again, having fallen over the...
Based on current trends, the GBP/JPY pair is currently at 184.44 and appears to be in a channel. If we see a break in the slope support, we may see a continuation in the downward trend towards the ATR...
UK manufacturing and services PMIs decelerate The British pound has edged lower. In the North American session, GBP/USD is trading at 1.2720, down 0.09%.UK PMIs head lowerThe UK economy continues to...
UK order expectations decline Manufacturing and services PMIs are expected to tick lower on Wednesday The British pound started the Tuesday session in positive territory but has given up these gains....
The current exchange rate for GBP/USD is 1.2746 and it appears to be trading within a certain range. It's important to note that if the slope support breaks, it could have a significant impact.Our...
New inflation methodology offers hope for BoE 1.28 could be major resistance point for GBPUSD A break of 1.26 could be bearish signal Recent UK economic data has been a mixed bag, with wages rising at...
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