Pound Sterling (GBP)

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…
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Cable has trended lower lately, becoming the worst-performing major currency. And that's even considering that the dollar weakened. So, does that mean The Pound (GBPUSD) will continue to trend lower? Or has it finally reached bottom, and…
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(FTSE)UK100 pushing for another peak The (FTSE)UK100 ignored the recent sell-off as price action made another move higher. A push above the previous swing high of 9000 has put the bulls on the attack, regaining most of the losses from…
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GBPUSD drops from multi-year highs Cable bounced away from its recent double top as the Fed hints at holding rates unchanged for longer. The recent spike in inflation has not helped the pound, as the economy continues to struggle with…
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Cable has been under pressure since the start of the month as the dollar has regained its mojo amid progress in trade negotiations. But part of that is also due to the shaky situation in the UK. The pound hasn't been able to capture as much…
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(USOIL) WTI going nowhere (USOIL) WTI remains stuck and is going nowhere since the previous sell-off. Only a twist in the Middle Eastern tensions would cause a spike in prices, but for now, no news means no movement. Prices remain in…
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GBPUSD starts to show a chance for an advance as the market hit a few pips above the resistance of 1.3745-75. As we see over the chart the market is facing the chance for a correction toward 1.3675 advancing again. Whilst above…
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GBPUSD advanced and tested the resistance of 1.3745 last week. As we see over the chart this resistance zone of 1.3745-75 could push for some correction movement within the trading zone area towards 1.3370. Above 1.3775 the market could…
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(FTSE) UK100 finds support The (FTSE) UK100 saw another dip towards the 8700 level, but prices bounced slightly higher. A bullish reversal would prompt sellers to cover, easing the downward pressure and paving the way for a recovery to…
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