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Thursday, November 21, 2024
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GBPUSD Technical Analysis

GBPUSD Below Key Fibonacci as Ukraine Uses UK Missiles

GBPUSD Technical Analysis J.J. Edwards -
The British pound remained below the 23.6% Fibonacci retracement level at $1.27 against the Greenback. This decline occurred amid growing tensions between Russia and...

GBPUSD Bear Market Continues Despite High UK Inflation

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD pair resumed its bearish trajectory after the prices neared the 50-period simple moving average, which is active resistance. This morning's rise was...
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GBPUSD Holds Steady Near Six-Month Low

GBPUSD Technical Analysis J.J. Edwards -
The British pound is stable at $1.263, near its lowest level since mid-May. This stability comes as the US...

GBPUSD Nears Key 1.261 Mark Amid Oversold Signals

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The British pound trades in a robust bear market against the American dollar. As of this writing, the GBP/USD...

GBPUSD Dips Below $1.284 as UK Job Market Weakens

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD currency pair continued declining, nearing the June 27 low at approximately $1.261—the lowest level in three months....

GBPUSD Drops as UK Unemployment Hits 4.3%

GBPUSD Technical Analysis J.J. Edwards -
The British pound recently fell to $1.273, marking its lowest point in three months. This drop is mainly due...

GBPUSD Eyes October Low as Downtrend Continues

GBPUSD Technical Analysis J.J. Edwards -
FxNews—As expected, the GBP/USD currency pair filled the bearish Fair Value Gap at approximately 1.30 on Thursday, November 7....

GBPUSD Climbs 0.3% on Rumors of Fed Rate Cuts

GBPUSD Technical Analysis J.J. Edwards -
The 10-year US Treasury yield stayed around 4.43% on Thursday, close to a recent high, as investors waited for...

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GBPJPY Dips as Ueda Hints at Rising Interest Rates

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Governor Kazuo Ueda of the Bank of Japan announced...

EURJPY Drops from 165 as STOXX 50 Falls

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The European stock markets experienced declines. The STOXX 50...

Crude Oil Prices Test $69.5 Amid Escalating Global Tensions

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WTI crude oil futures rose to approximately $69.5 per...

USDCHF Rises Amid Unexpected Drop in Swiss Inflation

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The USD/CHF pair bounced from the %50 Fibonacci retracement...

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