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USD trading showed volatile moves impacting EURUSD and GBPUSD technical levels. Netflix plans to acquire Warner Bros, US stocks slightly higher, yields up marginally, and key economic reports due tod…
GBPUSD gained after USD weakened on soft ADP data and potential Fed Chair Hassett. Markets anticipate December rate cuts for US and UK, with key focus on the UK autumn budget and upcoming US jobless …
GBPUSD shows bullish momentum with a double bottom at 1.3038 and a breakout above a key swing area. Buyers aim to surpass the 100 and 200 hour moving averages for further gains.
GBP/USD trades with short-term volatility near key 100-hour MA support. A break below 1.3391 could trigger a bearish shift, while surpassing 1.3430 resistance may boost bullish momentum.
Markets await US PCE inflation, personal income and consumption data; core PCE seen at 2.9% and headline 2.7%. Final Michigan sentiment is due. The article highlights technical setups for EURUSD, USD…
GBPUSD bounced from 1.3368 as UK yields surged and hotter inflation supports sterling. Traders await US data (ISM, ADP, NFP); strong prints would bolster the dollar, while weak data would increase do…
GBPUSD trades rangebound between 1.3368 support and 1.3590 resistance as traders await US jobs and PCE data; UK inflation remains sticky, complicating central bank outlooks for both currencies.
GBPUSD briefly dipped under the 100-day MA but buyers reclaimed the 100-hour MA, pushing toward the 200-hour MA at 1.34834; a break could fuel further upside, while rejection would reintroduce downsi…