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The British pound has reversed directions after an impressive rally that saw GBP/USD climb 370 points. In the European session, GBP/USD is trading at 1.2154, down 0.24%.US dollar recovers The collapse...
The British pound continues to rally and punched as high as 1.2141 earlier today before retreating. In the European session, GBP/USD is trading at 1.2100, up 0.56%.There are no economic releases out...
GBP/USD is currently at 1.2091 after the pullback in a range and a channel. If we can break resistance here, we are looking for a continuation to the 1.000 Fibo/ATR target at the 1.2224 area.We...
The British pound has extended its gains and is trading at 1.1996 in Europe, up 0.62%. Earlier, GBP/USD pushed above the symbolic 1.20 level.UK GDP rises 0.3%The UK ended a light calendar week on a...
The S&P 500 closed down 1.8% yesterday led by financials (-4%). Heavy losses for SVB Financial (NASDAQ:SIVB), a California-based lender to the venture capital industry, are raising questions over...
Fed Chair Jerome Powell acknowledged that the pace of quarter-point interest-rate increases is not set in stone. A faster tightening of rates may be warranted if economic data indicates it is...
Bearish: GBP/USD is currently at 1.1991 after making the turn in a range. With this breakout, we are looking for a continuation to the ATR target at 1.1907 area and then the 0.1000 Fibo at 1.1847.We...
The S&P 500 and Nasdaq 100 indices staged a solid intraday rebound yesterday, digesting the initial drop and closing the day higher. Along with the rebound in equities, a reversal to the downside...
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