GBP/USD GBP/USD Falls to Four-Week Lows Around 1.2850 The US dollar's resurgence continues, sending GBP/USD to multi-week lows around the 1.2850 zone amidst a broad-based decline in the risk-associated sector. GBP/USD Technical Analysis: The...
The British pound (GBP) experienced a significant reversal on Thursday, relinquishing its earlier gains and breaching the critical 1.3000 level against the US dollar (USD) during Friday's North American trading session. This decline was primarily...
GBAUD Analysis The GBP/USD chart shows a clearly defined ascending channel that has defined the price direction since early November 2024. This structure describes a continuous upward trend with higher highs and higher lows within a parallel...
The memo called for federal agencies to assess U.S. trade policies and evaluate trade relations with China and America’s continental neighbors, according to the Wall Street Journal (WSJ). Trump also hinted at solutions to the trade imbalance,...
During the European trading session on Thursday, the USD/CAD currency pair experienced a significant downturn, plummeting to approximately the 1.4100 level. This sharp sell-off in both the United States Dollar (USD) and the Canadian Dollar (CAD) was...