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GBP/USD Price Analysis: Trends up, faces strong resistance at 1.2770
The Forex Market· 2 days agoResistance at 1.2760/77, where 61.8% Fibonacci and trendlines converge. The pair faces a key supply...
US Dollar enters third day of losses with US markets closed for Independence Day
The Forex Market· 2 days agoThe US Dollar (USD) is on track to ease for a third straight day in a row while US traders will not...
Mexican Peso rises against USD as bets increase of Fed rate cut
The Forex Market· 2 days agoEUR/MXN and GBP/MXN trade flatter as European political risk diminishes, supporting the Euro and...
Pound Sterling outweighs US Dollar as US labor market strength ebbs
The Forex Market· 2 days agoThe Pound Sterling (GBP) strengthens against the US Dollar (USD) and rises to near 1.2760 in...
BoE DMP Survey: UK companies’ inflation expectations fall further in June
The Forex Market· 2 days agoThe latest Bank of England (BoE) Decision Maker Panel (DMP) survey for June showed on Thursday that...
US Nonfarm Payrolls in focus – Forex trading short on Gold and Silver? Trading long CHF/JPY [Video]
The Forex Market· 2 days agoUSD suddenly went lower this morning and the US NFPs are out tomorrow. To be honest, any trends that...
It’s election day in the UK today – Sterling shows little signs of nervousness
The Forex Market· 2 days agoUS Treasuries outperformed Bunds during a holiday-shortened session yesterday. Since the policy...
EUR/USD holds position around 1.0800 as softer US data escalate odds of Fed rate cuts
The Forex Market· 2 days agoThe Euro may experience volatility as the second round of the French election approaches this...
Japanese Yen edges higher amid intervention threat
The Forex Market· 2 days agoThe Japanese Yen (JPY) gains ground against the US Dollar (USD) on Thursday.
Pound Sterling remains stronger as a Labour majority could lead to political stability
The Forex Market· 2 days agoThe Pound Sterling (GBP) extends its winning streak, which began on June 27.