KEY POINTS: Recommended by Zain Vawda Get Your Free GBP Forecast Most Read: XAU/USD Forecast: Technical Factors Drive Gold Bulls to 1850 GBP/USD FUNDAMENTAL BACKDROP GBP/USD has broken below the key 1.2000 level for the first time in 4 weeks as the dollar index came to life. Having been stuck in a 100-odd pip range …
GBP/USD Surrenders the 1.2000 Level as the Dollar Index Roars to Life Read More »
KEY POINTS: Recommended by Zain Vawda Get Your Free EUR Forecast READ MORE: EUR/USD Outlook: Doji Candlestick Highlights Messy Price Action EUR/USD OUTLOOK EUR/USD enjoyed its best day of gains in 2 weeks with an 80-odd pip upside rally yesterday before finding resistance at the top of its recent trading range around the 1.0700 handle. …
Surrenders Gains as 1.0700 Resistance Holds Firm Read More »
GBP/USD Surrenders the Key Confluence area around 1.1500. Broad-Based Dollar Weakness and Improving Sentiment Could Push the Pair Higher Ahead of Thursday’s US Inflation Data. Cable Remains Under Pressure Long-term as the Economic Outlook Remains Grim. Recommended by Zain Vawda Get Your Free Top Trading Opportunities Forecast GBP/USD Fundamental Backdrop Cable has started the day …
GBP/USD Surrenders 1.15 Confluence Area, Short-Term Upside Remains a Possibility Read More »
The Blue-Chip Index continues to flirt with the 7000 key level, close below is key. Weaker Pound allows multinational companies to keep losses in check. Money markets now pricing in 175bp of rate hikes by November on inflation fears. Recommended by Zain Vawda Traits of Successful Traders The FTSE 100 rallied 70-odd points in early …
FTSE 100 Surrenders Early Gains as Downside Pressure Intensifies Read More »
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