Gold moves to the 23.6% retracement level. It seems that gold loses strength under the current risk-off mood.
Tag - gbp
Let's discuss latest movements on Forex! We will analyze EUR/USD, gold, GBP/USD and S&P 500!
The US dollar turned to the upside on Monday. Let's discuss what to expect next from the market.
GBP/JPY: The pair is trading in a bearish sentiment below the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bearish momentum.
Global stocks barely budged on Friday as investors tightened positions with less than two weeks to go before the U.S. presidential election and awaited a breakthrough in stimulus talks in Washington.
The market is extremely active these days! The USD tested 7-week lows on Wednesday, what awaits it on Thursday? Watch the video to find out!
Differences continue to narrow in US stimulus talks but more work needs to be done. Pelosi and Mnuchin will speak again today, according to her aide.
The GBP made strong moves against the US dollar and the EUR lately. What's the tactical outlook?
Brexit goes hard, Trump is pretty sure he will win, the market is floating; EUR is the only clear voice.
Since July, the movement of GBP/USD has been contained between 1.27 and 1.34. At the beginning of September, the GBP reached a high of 1.34 against the USD while the stock market was seeing its new highest high, and things seemed pretty fine around.
How to trade the USD ahead of the upcoming election? Will Brexit hurt the GBP in the upcoming days? Watch the video to find out!
The market is resilient ahead of the speeches of Fed’s Powell and ECB President Lagarde, but there are still interesting movements.