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The Pound trended higher against several peers on Tuesday, despite weakening against others. Speculation over the Bank of England (BoE)’s interest rate cutting schedule continued to cap significant ...
GBP/USD stable at $1.26705, awaiting UK’s CBI Realized Sales and US New Home Sales data. The Dollar Index is trading at $105.848, down 0.03%. On the 4-hour chart, the pivot point is at $105.729, ...
A break below the 1.2645-1.2640 confluence support will pave the way for deeper losses.
The US Dollar has continued to show strength, albeit in a rather tepid manner, and this is something that could continue into the PCE report set for release later this week. Given that lack of ...
GBP/USD gathered recovery momentum and gained more than 0.3% on Monday, snapping a two-day losing streak. The pair holds steady near 1.2700 in the European session on Tuesday and technical buyers ...