GBP/USD Fundamental Analysis GBP/USD is facing some downside pressure today as market sentiment remains cautious ahead of key U.S. economic data. The UK’s latest PMI figures came in weaker than expected, signalling a slowdown in business activity,...
Crude oil extended as dealers dominated and tested a key support level On Thursday, oil extended its recent downward correction and tested a key support level after resuming previous progress. As of this writing, the low is $75.31, with bearish...
The British pound depreciated sharply on Thursday following the release of disappointing economic data. While UK GDP expanded in November, the growth rate of 0.1% month-over-month fell short of market expectations of 0.2%. Industrial production also...
The USD/JPY H1 chart shows key price action and trends, with the market currently hovering around a significant support level at 155.32. Historically, this level has served as a strong support, as evident from multiple reversals at this price zone....
Technical analysis of gold Technical analysis of gold on the 4-hour chart shows more upside as we have a target for gold to the resistance level of 2800 before returning to correct downwards. During this week, trading was opened within the...
