EUR/GBP steadies on German Retail Sales and Inflation data. The Eurozone faces pressure as the ECB reassesses its potential interest…
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Facts:GBPUSD broke below the lower limit of 1:1 structure at 1.3483The pair is trading below 100-period moving average from H1…
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GBP/USD weakens to near 1.3480 in Wednesday’s early Asian session. The positive view of the pair prevails above the key…
Read More »GBP/USD holds gains near the 39-month high of 1.3593. The US Dollar struggles as risk appetite increases amid easing US-EU…
Read More »GBP/USD may approach the ascending channel’s upper boundary at 1.3960. The 14-day Relative Strength Index (RSI) rises toward 50, strengthening…
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EUR/GBP holds gains as German GDP QoQ climbed 0.4% in Q1, against the expected 0.2% increase. The Euro may struggle…
Read More »GBP/USD reached back to near 1.3468, the highest since February 2022, marked on Wednesday. Friday’s UK Retail Sales may decline…
Read More »EUR/GBP moves slowly as traders adopt caution ahead of PMI data release from the Eurozone and the UK. The overall…
Read More »GBP/USD strengthens as the US Dollar continues to weaken on Moody’s downgrading of the US credit rating. Fed policymakers partially…
Read More »GBP/USD faces an immediate barrier at 1.3445, the highest level since February 2022. The 14-day Relative Strength Index (RSI) rises…
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