Pound Sterling (GBP)

GBPUSD moved below the support of 1.3140, which could lead for a downtrend break towards 1.2850. As we see over the chart, the market is facing a resistance zone at 1.3240-90, where as long as the market holds below it, the downtrend…
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GBPUSD passed above 1.3465 yesterday which placed mixed signals over the pair. As we see from the chart, the market is facing Intraday resistance around 1.3535, and support around 1.3410 which could keep the Pound in this trading zone…
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(S&P) SPX 500 reaches for another record The (S&P) SPX 500 resumed the climb after the latest FOMC press conference lingered in traders’ minds. Stocks are looking to recover from the recent sell-off as focus intensifies on the…
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After a couple of weeks of political turmoil in the UK, traders can now turn to some hard data. Friday's release of the monthly GDP could be a crucial piece for figuring out where cable will be headed in the medium term. All eyes are on the…
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GBPUSD hit the target and support of 1.3360-90 and managed to hit a rebound towards 1.3545 last Friday. As we see over the Intraday chart, if prices remain above the support at 1.3360-90, a rebound towards 1.3585 and above will be…
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Crude oil (USOIL) finds support Crude oil (USOIL) rallied after jumping over $1 yesterday, with global tensions growing. A close above the previous swing high of 64.00 could open the door to a broader recovery by forcing short sellers to…
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(Dax)GER 40 looks for recovery The (Dax)GER 40 continues its choppy nature after rising once again from the lower 23000 area. Prices continue to capitalise on its break above the psychological level of 24000. As the RSI drops back into…
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(UK 100)FTSE remains choppy The (UK 100)FTSE fails to find direction as the chart shows a series of familiar trends. A slip below the previous swing high of 9180 has put the bulls on the defensive, giving back most of the gains. The…
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(US30) Dow pushing higher The (US30) Dow jumps as earnings continue to outperform, as Donald Trump prepares his next tariff agenda. The index is still striving after lifting the key resistance of 44000. A fall below that level will put…
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GBPUSD met the target of 1.3250 and fell lower. As we see over the chart, the market faces support around 1.3140 while resistance at 1.3385 could create a trading zone. Above 1.3385 more advance willl be expected with resistance around…
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