GBP/USD: Bears Hold Grip and Look for Signal of Bearish Continuation
GBPUSD remains at the back foot on Wednesday and holding just above new 11-week low […]
Japan’s Verbal Intervention Offers Yen Some Respite
Markets The dollar caught all market attention yesterday. Surging against everything and everyone, the trade-weighted […]
The Two-Month Pound Correction Not Over Yet
Business activity in the UK is losing ground, as is the case in Europe and […]
GBP/USD Breaks Down Amid Global Risk-Aversion
EU and China Service PMIs drive global growth concerns UK Final Services PMI revised higher […]
GBPUSD Downtrend Could Stay in Play
GBPUSD returned to the red zone on Tuesday, plunging to a new two-and-a-half-month low of […]
Major Currency Pairs Correcting in a Weakly Volatile Market
The beginning of the current five-day period turned out to be rather sluggish for the […]
GBP/USD Holds Key Support But Upsides Could Be Limited
Key Highlights GBP/USD declined and traded close to the 1.2560 support. A major bearish trend […]
GBP/USD and EUR/GBP Show Signs of Weakness
GBP/USD failed to climb above 1.2750 and trimmed all gains. EUR/GBP is declining and trading […]
EUR/USD Remains at Risk of Losing Trend Channel
Markets Friday’s payrolls report initially added to market conviction of the Fed’s tightening cycle having […]
GBPJPY Should Extend Lower in Zigzag Correction
Short Term Elliott Wave view in GBPJPY suggests the rally to 186.75 ended wave 1. […]
GBP/USD: Bulls Pausing Under Thick Daily Cloud
GBPUSD strong recovery of past three days lost traction after testing the base of thick […]
European Currencies Hit New Lows, Precious Metals on the Rise
European currencies, along with the yen and commodity currencies, came under pressure again last week. […]