The GBP/USD currency pair, commonly referred to as "Cable," has recently broken through a significant resistance level, signaling a robust bullish trend. This breakout, which saw the pair rise above the 1.29374-1.28900 range, is a key technical...
According to the platforms of gold trading companies... the spot price of gold bullion rose to $2,469.54 per ounce, exceeding its previous highest level ever, which was recorded in late May. This rise comes amid signs of slowing inflation in the...
GBPUSD Analysis Good afternoon, traders! A substantial amount of news is expected to impact GBP/USD. From the GBP side, several news releases with a significant impact on the market are anticipated. Additionally, a trade balance report for the USD...
The GBP/USD pair is trading at 1.2864 by the end of the week, squeezed between the Murray reversal level 2/8 at 1.2878 on the upside and the reversal level 1/8 at 1.2848 on the four-hour chart, while being in a general downtrend. This narrow trading...
The currency pair saw a good recovery during the New York session on Friday, following a recent decline that had brought it close to 1.0870. This pair found support as the US Dollar (USD) underwent a correction and faced uncertainty around the...