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Forex Strategy is Bullish: We are currently @ 1.2652 in a Falling wedge Breakout. If USDX continues down, we are looking for a continuation to the ATR target @ 1.2726 area and then to the 1.618...
In this update, we review the recent price action in the Dollar Index, EURUSD & GBPUSD and identify the next high-probability trading opportunities and price objectives using structural and...
GBP/USD returned to gains after a six-day decline. GBP/USD bulls step in after six-month low near 1.2600. Price near oversold area, but bullish area is above 1.3000. GBP/USD returned to gains after...
Quotes GBP/USD defend important support in the 1.26 region Bank of England is ready to continue interest rate cuts UK economy clearly out of breath Get ready for massive savings on InvestingPro this...
Forex Strategies Bearish: We are currently @ 1.2631 in a channel. If USDX breaks up, we are looking for a continuation to the ATR target @ 1.2536 area and then to the S7 @ 1.2450. Convergence is...
We are entering a period of calm in US macro news. This means that it’s mostly up to any positioning readjustment to keep the US dollar from rallying further. Growing focus will be on the eurozone...
The British pound has stabilized on Friday after four straight losing sessions. In the European session, GBP/USD is trading at 1.2666, up 0.02%. It has been a miserable week for the pound, which is...
The main event in sterling (GBP/USD) markets today is a speech by Bank of England’s Catherine Mann, the most hawkish member of the MPC. Markets will be attentive to any comments about the...
The GBP/USD is down for a third straight trading day on Tuesday. In the European session, GBP/USD is trading at 1.2822, down 0.36% on the day. Earlier today, the pound fell below the 1.28 line for...
GBP/USD holds in tight range in near term MACD and RSI tick lower GBP/USD is flirting with the long-term ascending trend line after the downfall of the 1.3045 resistance level. The next crucial...
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