Tag: GBPUSD

GBP/USD Technical: Trendline Break Units Stage for Additional Draw back

GBP/USD has damaged beneath a long-term ascending trendline, signaling potential additional draw back. UK price range considerations and a drop in manufacturing PMI have contributed to the Pound’s wrestle. The continued decline in orders from...

GBPUSD Technical Evaluation – The weak UK CPI just isn’t sufficient for a breakout

Basic OverviewThe bullish momentum within the US Greenback appears to be waning regardless of the current higher-than-expected US CPI and PPI studies. One caveat is that the market has now priced out the aggressive price cuts...

GBPUSD bounces off pure assist at 1.3000 at this time

The GBPUSD moved decrease after the US CPI knowledge, and within the course of broke under its 38.2% retracement of the August buying and selling vary at 1.30363. The subsequent goal was on...

GBPUSD Technical Evaluation – The Pound continues to profit from USD weak point

Elementary OverviewSince final Friday, the USD has been largely weak as Fed Chair Powell delivered a extra dovish than anticipated speech on the Jackson Gap Symposium the place he mainly saved the door open for a...

EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Greenback Weak spot

EUR/USD and GBP/USD Rallies Fuelled by Ongoing US Greenback Weak spotEUR/USD and GBP/USD NewestThe US greenback is sliding decrease as US price cuts close toEUR/USD and GBP/USD submit multi-month highs Beneficial by Nick Cawley ...

UK Headline Inflation Rises by Much less Than Anticipated, GBP/USD Now Eyes US CPI

UK Headline Inflation rises by Much less Than Anticipated, GBP/USD Eyes US CPI Advisable by Nick Cawley Get Your Free GBP Forecast UK headline...

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