The GBP/USD is exhibiting a somewhat subdued trading pattern around the 1.3300 mark today. Despite the release of stronger-than-anticipated UK retail sales data, which typically might provide a lift to the pound, the currency pair is facing mild...
The GBP/USD pair continues to drift lower on Friday, lingering just above the 1.3300 mark, despite a stronger-than-expected print in UK Retail Sales. The British Pound’s inability to capitalize on upbeat domestic data highlights the prevailing...
As the US dollar continued its strengthening trend and gold prices failed to capitalize on lower US Treasury yields, the precious metal experienced a significant 180-degree reversal in its price trajectory. This sharp turnaround erased all of...
The USD/JPY pair is on track to post a positive weekly close, driven by a renewed recovery in the US Dollar (USD). The Greenback regained strength after US President Donald Trump expressed optimism regarding progress in trade talks with several key...
Technical analysis 26 April 2025 GBP/USD W-1 I switched to the weekly chart, and it is obvious that this week the buyers did not have enough strength to pull the price to the nearest resistance level, which, according to my marking, is located at...