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GBP/USD loses momentum near uptrend line Stochastic ticks higher, but RSI flattens GBP/USD headed south in the preceding week, breaking the long-term ascending trendline to the downside. However,...
Gold Holds Steady as the US Dollar Strengthens Gold (XAU/USD) traded sideways last week, fluctuating between $2,720 and $2,750. Robust US economic data strengthened the US dollar (USD) and Treasury...
The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs Decelerate in October UK PMI releases on Thursday pointed to weaker activity...
GBP/USD saw a bounce despite weak UK PMI data, attributed to US Dollar weakness. The Bank of England may consider interest rate cuts due to slowing inflation, potentially weakening the Pound...
Euro is under pressure again as ECB dovish commentary lingers Gold makes a new all-time high despite the 10-year US yield rise US equities trade with low conviction ahead of Tesla's earnings BoC to...
US election risks move to the forefront as Trump narrows gap with Harris Gold begins week with new record as geopolitical tensions add to demand Stocks mixed ahead of key earnings Trump Trade Makes...
The GBP/USD pair is trading with almost zero momentum, remaining near the 1.3040 reference level. The "bulls" have maintained the upward momentum formed at the end of last week but are waiting for...
The British pound has extended its gains on Friday. In the European session, GBP/USD is trading at 1.3046, up 0.27% on the day. UK Retail Sales Stronger Than Expected UK retail sales are moving in...
ECB cuts rate, keeps door wide open to a December move Euro suffers as US retail sales surprise on the upside Focus today is on Fedspeak and in particular Fed’s Bostic Gold surpasses $2,700 as China...
GBP/USD currently sitting at 1.2993, having just emerged from a range. If we see a clean breakdown, the initial target is the ATR level at 1.2910. Beyond that, we're eyeing the 1.000 Fibonacci level...
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