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Conversely, staying below this level may lead to further declines. On the 4-hour chart, GBP/USD is trading at $1.28625, up 0.11%. The pivot point is $1.28776. Immediate resistance levels are $1.29417, ...
Net-short traders have decreased by 8.01% since yesterday and 11.81% since last week. While a contrarian view to crowd sentiment suggests GBP/USD prices may continue to rise due to the majority being ...
Despite a near-term pullback, the Cable is still trading deep into bull country, holding chart territory well north of the 200-day EMA at 1.2638. However, a sustained pullback could see the pair fall ...
If EUR/USD stays above the 1.0850 level, it will head towards the resistance at 1.0900 – 1.0915. GBP/USD is losing ground despite falling Treasury yields. In the UK, CBI Business Optimism Index ...
GBP/USD pair is down to 1.2892 on Thursday. Selling intensified on the 18th of July. Since then, GBP has remained under pressure, although it is making attempts to stabilise.