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Thursday, November 21, 2024
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GBPUSD Technical Analysis

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...

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 dollar strengthens following Donald Trump's...
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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...

GBPUSD Dropped From 1.304 Testing a Critical Resistance

GBPUSD Technical Analysis J.J. Edwards -
FxNews—The GBP/USD began its bearish trajectory after the price failed to stabilize above the 100-period simple moving average. As...

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The EUR/USD currency pair dropped to $1.05 on Thursday...

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The DAX index lost its early gains and closed...

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Gold prices exceeded the 38.2% Fibonacci level, trading at...

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Prices for European natural gas futures approached €47 per...

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