EUR/GBP Outlook: Steep Bear-Leg May Take A Breather Above Daily Cloud Base Support
EURGBP cracked Fibo support at 0.8439 (76.4% of 0.8382/0.8624 rally) and pressuring strong support at […]
British Pound (GBP) Price Action Ideas: Sterling Set for Correction? GBP/USD, EUR/GBP and GBP/JPY
The British pound has been one of the best-performing currencies in recent weeks, driven by […]
GBP/USD Technical: Sterling Bulls in Control
BoE Governor Bailey’s speech at the Jackson Hole Symposium reiterated BoE’s cautionary dovish monetary policy […]
GBPUSD: Is the Next Downturn Approaching?
GBPUSD’s bull run slows down near a familiar resistance area Some stability is likely; sellers […]
Interest Rate Markets Looking for New Short-Term Equilibrium
Markets Interest rate markets were looking for a new short-term equilibrium for the post-Jackson Hole […]
GBP/USD Outlook: Larger Bulls Likely to Take a Breather Before Resuming
Cable eases from new highest levels since March 2022 on Monday, suggesting that bulls may […]
For Now, We Don’t Fight the Broader USD Downtrend
Markets At its keynote Jackson Hole speech on Friday, Fed Chair Powell explicitly reconfirmed the […]
Dollar at Risk of Resuming Medium-Term Downtrend as Fed Confirms Rate Cuts Ahead
Fed Chair Jerome Powell’s highly anticipated speech at Jackson Hole didn’t disappoint market participants, as […]
Markets Weekly Outlook – Powell Delivers with Nvidia Earnings, PCE Data Next
Fed Chair Powell signals policy adjustments are needed, emphasizing concerns about labor market weakness. The […]
GBPUSD: Bullish Extension or Deeper Correction? Key Liquidity Zones
Bearish Corrective Scenario: Sell positions below 1.3130 with TP1 at 1.3103. Consider TP2: 1.3090, TP3: […]
Analysis of GBP/USD: The Pair Approaches 2023 High
Yesterday, the Purchasing Managers’ Index (PMI) data for both the UK and the US were […]
Market Analysis: GBP/USD Surges, USD/CAD Drops To Support
GBP/USD started a fresh increase above the 1.2920 zone. USD/CAD declined and now consolidates below […]