Improving Consumer Confidence Not Enough to Boost the USD
The consumer confidence is improving again in the US as the banking crisis abates, which will help the USD in the longer run Full Article
GBP/USD Retreats as US Pledges Increased Financial Backing for Mid-Sized Banks
The GBP/USD pair relinquished its earlier gains and slid close to 1.2230 during the Asian trading session. The Cable felt pressure... Full Article
GBP/USD Loses Momentum as Mixed Risk Catalysts and Anxiety Surround Top-Tier UK/US Data on Friday
The GBP/USD pair has lost momentum and pared its weekly gains after reaching a two-month high due to mixed risk catalysts and anxiety... Full Article
Remaining Long on GBP/USD as Inflation Keeps BOE Hawkish
GBP/USD holds above 1.23 and is heading for new recent highs as the Bank of England remains more hawkish than the FED Full Article
GBP/USD Remains Supported by the 20 MA, As UK Inflation Picks Up Again
GBP/USD has retreated after the jump on higher consumer inflation numbers for February, but remains supported by the 20 SMA Full Article
GBP/USD Breaks the Pattern of Lower Highs After the UK January GDP Report
GBP/USD continues to remain bearish as highs keep getting lower while the GDP report released today didn't help much Full Article
GBP/USD Technical Outlook: Bearish Trend Continues as Pair Tests Resistance at 1.1940
In the European session on Friday, the GBP/USD exchange rate gained ground and is currently trading near 1.1950. Full Article
GBP/USD Rebounds and Tests Resistance at 1.2050 Within Rising Triangle, Upside Potential Limited
GBP/USD rebounds from week-start losses and tests the top line of a three-day rising triangle, reaching 1.2045 ahead of the London. Full Article
Looking to Sell GBP/USD As Construction Remains in Contraction in the UK
GBP/USD is facing the 100 SMA on the H4 chart, which is acting as resistance, while construction activity remains in contraction Full Article
Forex Signals Brief for March 6: Will the USD Resume the Uptrend This Week?
Last week most currencies consolidated, but the US started resuming the momentum toward the end of the week, which might continue this week Full Article
Bearish Signs in GBP/USD, As It Makes Lower Highs
GBP/USD failed at the 50 daily SMA yesterday, making lower highs, which is a strong bearish signal Full Article
Forex Signals Brief for February 27: China’s Rebound to Improve Sentiment
This week China's services and manufacturing are expected to show a jump into expansion, which will be great for risk sentiment Full Article
GBP/USD Looking Bearish After Reversing Back Down Quickly
GBP/USD was rejected by the 50 daily SMA yesterday, which shows that buyers are weak and sellers are still in charge Full Article
GBP/USD Stalls at 1.2050 as Brexit Concerns and PM Sunak’s Struggle in PMQs Weigh on Recovery
GBP/USD dropped from an intraday high of 1.3860 to 1.3800 ahead of Thursday's London open due to political and Brexit concerns in the U Full Article
Will the 200 Daily SMA Hold for GBP/USD?
GBP/USD is testing the 200 daily SMA for the second time, which held for the second time last Friday Full Article