Pound Sterling (GBP)

USOIL Oil in Free Fall WTI Oil prices plummeted further, with WTI breaking below a multi-month low. A limited bounce off 68.00 saw some consolidation. A subsequent drop below 66.00 invalidated the double bottom, forcing early buyers to…
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GBPUSD also dropped and is now closing to the support zone 1.3050-70. As long as the market holds above 1.3050-70 a chance for another advance toward 1.3300 and 1.3480 is still valid. Below 1.3050 the market could head for a drop to…
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GBPUSD also dropped and is now closing to the support zone 1.3050-70. As long as the market holds above 1.3050-70 a chance for another advance toward 1.3300 and 1.3480 is still valid. Below 1.3050 the market could head for a drop to the…
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Dowjones index (US 30) struggles for support The Dowjones index fell as investors assessed the fallout from a weak jobs report. On the chart, the price has pulled back towards 40000, and a series of lower lows with limited upside…
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SPX 500 retreats as stocks tumble The S&P shed a few points amid concerns about slowing growth within the American economy, with stocks tumble. The market seems to be very jumpy to any incoming data, especially SIM and NFP numbers.…
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GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70. The market could hold this trading zone between support 1.3050-70 and resistance 1.3170 As long as the market holds above the support…
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USOIL struggles for support WTI fell further as persistence concerns over demand persisted. As the daily RSI fell into the oversold area, bears will need to take a breather after they cleared the August low of 71.45. A drop below the…
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GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70. The market could hold this trading zone between support 1.3050-70 and resistance 1.3170 As long as the market holds above the support…
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GBPUSD fell below the support of 1.3170 and prices now face a second support at 1.3050-70. The market could hold this trading zone between support 1.3050-70 and resistance 1.3170 As long as the market holds above the support…
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GBPUSD still holding above the support of 1.3170 which was tested in the last two days. If the market holding above 1.3170, more advance will be expected with resistances at 1.3300 and 1.3480. Below 1.3170 more of a drop to test…
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