EUR/USD,H4 However, I expect the markets to remain relatively weak in the coming days for several reasons. Chief among these are Independence Day celebrations in the US. Thursday. Also, Wednesday’s UK parliamentary elections and Friday’s upcoming...
The British pound gained ground against the US dollar on Wednesday, extending its recent rebound. This rise was fueled by weak US economic data. A key indicator, the US Services Purchasing Managers' Index (ISM), dipped to a two-year low of 48.8 in...
Today according to GBPUSD, the level of 1.2680 should work as resistance and I will assume a rollback to it within the day, if resistance 1.2680 cannot be broken, I again expect an impulse downwards from it towards 1.2570, given the distance to the...
The USD/CAD currency pair is currently trading at the 1.3531 level, a point supported by ongoing tightening attempts in the market. Despite this support, the selling pressure has been sufficient to allow the decline to persist. Nevertheless, there...
GBP/USD ANALYSIS. The English Pound (GBP) stuck to a help against the US Dollar (USD) on Thursday after a new slide. The GBP/USD conversion scale plunged as the USD fortified, however essentially figured out how to remain above water over the...