EURGBP Elliott Wave : Selling The Rallies at Blue Box Area
Hello fellow traders. In this technical article we’re going to take a quick look at […]
Bets on June Fed Rate Cut Abandoned, Dollar Asserts Dominance
The financial markets were jolted last week by data confirming the stall in disinflation progress […]
Pound Slips to 4.5-Month Low, UK GDP Ticks Higher
The British pound has edged lower on Friday. In the European session, GBP/USD is trading […]
GBPUSD Outlook Worsens After Rapid Fall
GBPUSD prints new low for this year Bearish continuation is likely below 1.2480-1.2500 GBPUSD suffered […]
EURGBP’s Double Bottom Still Waits for Confirmation
EURGBP faces difficulty in completing a double bottom pattern above 0.8579 Technical indicators reflect a […]
Cable’s Sharp Decline after Higher Inflation in the US
In a significant turn of events, the GBP/USD pair, often referred to as ‘Cable’, reversed […]
GBP/USD Dives Below Support, US CPI Increased 3.5%
Key Highlights GBP/USD failed to surpass 1.2700 and declined heavily. It traded below a key […]
GBP/USD Recovers While EUR/GBP Dips to Support
GBP/USD is gaining pace above the 1.2660 resistance. EUR/GBP declined steadily below the 0.8572 and […]
Will Friday’s Data Add to Hopes of UK Exit from Recession?
Dovish BoE encourages more rate cut bets UK GDP for February expected to reveal slowdown […]
GBPUSD Capped by 50-day SMA
GBPUSD trades sideways between parallel SMAs Remains within its medium-term neutral pattern Momentum indicators improve but stay […]
GBPJPY Trades Lower Ahead of Key Market Events
GBPJPY is in the red again today, not far from its recent high It has […]
GBP/USD: Slight Bullish Bias Above 200-DMA But Thin Daily Cloud Still Significant Obstacle
Cable extends recovery from 1.2540 double bottom (Apr 1 / 2 lows) and pressuring significant […]