Tag: Recovery

British Pound Soars as Truss Cans Tax Cut Plan. Will GBP/USD Extend its Recovery?

BRITISH POUND OUTLOOK:GBP/USD rallies after the UK government scraps expensive and unfunded plan to cut taxesWhile the Prime Minister’s credibility has been damaged, investors welcome the move towards a less irresponsible fiscal stanceThe...

GBP/USD Eyes Steady Recovery, EUR/GBP Faces Hurdle – Analytics & Forecasts – 3 October 2022

GBP/USD started a recovery wave from a new low at 1.0341 and climbed above 1.1000. EUR/GBP is now facing a major resistance near...

Crude Oil Price Recovery Takes Shape amid Failure to Test January Low

Crude Oil Price Talking PointsThe price of oil extends the rebound from the monthly low ($76.25) following an unexpected decline in US inventories, and crude may stage a larger recovery over the coming...

Channel Breakout Encourages Recovery Rally To Hit $1.4

Published 4 hours ago For nearly six weeks, the EOS price rose in response to the rising parallel channel pattern. However, the pattern could contain the growth in bullish momentum, resulting in an...

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