British Retail Sales Decline, Pound Extends Losses
The British pound is lower for a straight third trading day on Friday. In the […]
Elliott Wave View: GBPUSD is Approaching Support Zone
Short Term Elliott Wave View in GBPUSD suggests decline from 9.26.2024 high is in progress […]
Rising Geopolitical Tensions Will Likely Limit Any Rebound Potential for the Single Currency
Markets This week’s consolidation pattern on bond markets simply continued yesterday. Lower weekly jobless claims […]
Oil, Gas Prices Up on Escalating Tensions with Russia
Moodiness due to a lack of a strong post-earnings rally from Nvidia remained short-lived. Investors […]
GBP/USD, GBP/JPY Price Action Ideas Post UK Inflation Release
UK Inflation rises to a 6-month high of 2.3% in October, driven by services inflation. […]
Pound Falls Despite Acceleration in Inflation
UK inflation beat expectations and accelerated markedly, but this only temporarily boosted the Pound. GBPUSD […]
GBPJPY continues higher after UK CPI
GBPJPY gains ground after upbeat UK CPI data Technical signals endorse bullish efforts Buyers need […]
GBPUSD Gains Traction Near Familiar Support Area
GBPUSD bulls step in after six-month low near 1.2600 Price near oversold area, but bullish […]
GBP/USD Struggles Ahead: Will It Break Through Key Levels?
Key Highlights GBP/USD extended losses and tested the 1.2600 support. A connecting bearish trend line […]
GBP/USD Nosedives While USD/CAD Regains Strength
GBP/USD started a fresh decline below the 1.2750 zone. USD/CAD is rising and might aim […]
UK Economy Contracts in September, Pound Shrugs
The British pound has stabilized on Friday after four straight losing sessions. In the European […]
GBP/USD Outlook: Steep Post-US Election Bear Leg Extends Below 1.2700
Cable continues to trend lower, riding on the wave of so-called Trump trades, as dollar […]