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GBP/USD has broken below a long-term ascending trendline, signaling potential further downside. UK budget concerns and a drop in manufacturing PMI have contributed to the Pound’s struggle. The...
Growth figures for 3Q are published in the US and eurozone today. German CPI is also expected to have re-accelerated, but the impact on the euro may be limited. In the UK, Chancellor Reeves announces...
The GBP/USD was a touch higher on Tuesday after it managed to rebound on the back of a firmer risk tone on Monday. That followed Israel’s limited response in Iran at the weekend, raising hopes that...
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...
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