GBPUSD hits a new two-month low as Trump wins White House Short-term outlook remains bearish; focus on 200-SMA for potential support Bank of England, Fed announce their rate decisions today GBPUSD took a sharp dive to a two-month low of 1.2833 on Tuesday as the return of Trumponomics gave fresh impetus to the greenback. On Wednesday, […]
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Daily Pivots: (S1) 1.0628; (P) 1.0783; (R1) 1.0885; More… Intraday bias in EUR/USD Is turned neutral first with current recovery. Some consolidation would be seen but further decline is expected as long as 1.0936 resistance Read more…
Daily Pivots: (S1) 1.2793; (P) 1.2920; (R1) 1.3007; More… Range trading continues in GBP/USD and intraday bias stays neutral. With 1.3047 resistance intact, further decline is still expected. Firm break of 1.2842 will resume the Read more…