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The Relative Strength Index (RSI) indicator on the 4-hour chart holds above 40 in the European session, suggesting that sellers remain reluctant to bet on an extended slide for now. On the upside, ...
We think so, and we also expect UK growth to ‘bounce’ back, after a small blip in Q3. It is worth noting that August can be a strange month for the UK economy. Typically, people are away, holidays are ...
The GBP/USD pair continued its strong sell-off this week as odds of a more aggressive Federal Reserve faded. After soaring to 1.3435 last month, the pair has retreated to 1.3060, its lowest point ...
The British Pound rally stalled into technical resistance last month with GBP/USD plunging more than 2.6% since the start of October. A two-week decline is now testing the first major support pivot ...
GBP/USD initially dipped but recovered ground on Thursday after data showed signs of labor market weakness and a higher-than-expected rise in U.S. inflation in September. Labor Department data on ...