Pound Sterling (GBP)

The UK economy is expected to report a rebound on Friday, but the cheer might be short lived. Analysts point to clouds gathering on the horizon, unsurprisingly related to the trade war. While the UK has managed to avoid the brunt US…
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GBPUSD managed to hold below the resistance 1.2935 and dropped toward the support of 1.2715. As we see from the chart and if prices remain below the 1.2935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected.…
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GBPUSD managed to hold below the resistance 1.2935 and dropped toward the support of 1.2715. As we see from the chart and if prices remain below the 1.2935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected. Above…
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GBPUSD falls from the peak The pound fell further against the Dollar(greenback) as the tariff war rumbled on. On the chart, the pair has dropped over 300 pips since hitting its peak of just under the 1.3200 level. The bearish recovery…
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GBPUSD also dropped and hit below the support of 1.2860. As we see from the chart and if prices remain below the 1.0935 resistance, more of a drop toward the 1.2560-1.2600 zone will be expected. Above 1.2935 more advance could hit the…
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SPX 500(S&P) drops lower The SPX 500(S&P) opened the new week lower after the market continued to digest Donald Trump's trade tariffs. If price action stabilises and hits a bottom around 5000, a series of higher lows could help…
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GBPUSD also managed to add more advnace and met target 1.3050 and above As we see over the Daily chart market facing resistances around 1.3205 and 1.3435 which may creat trading zone toward 1.2860-80 support zone Above 13435 more…
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GBPUSD fell below the 1.2940 support which could lead to a further drop. As we see on the chart, prices are facing resistance around 1.2980 and if the market holds below it, more of a drop toward 1.2860 could hit the market. The Pound…
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Silver (XAGUSD) avoids breaking support Silver (XAGUSD) managed to stop the drop as prices recaptured the 33.00 level. The next stop is breaking through the daily resistance of 33.50, which could keep the bullish run on precious…
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Nasdaq(NAS 100) halts the slide The Nasdaq(NAS 100) moved further away from its multi-month low as buyers showed their support for the index. A break above 19500 has attracted more buying interest, with the RSI pushing higher. 20000 is…
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