Daily Pivots: (S1) 1.2462; (P) 1.2506; (R1) 1.2548; More… Outlook is unchanged in GBP/USD. Strong resistance is expected from 38.2% retracement of 1.3433 to 1.2099 at 1.2609 to complete the corrective rebound from 1.2099. On the downside, break of 1.2248 support will bring retest of 1.2099 first. Firm break there will resume whole decline from […]
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Check back for updates throughout the trading day U.S. equity futures edged modestly higher in early trading, extending gains from last night’s solid close as investors shifted focus from trade tensions to a busy slate Read more…
GBP/USD has rallied by 2.1% from Monday, 3 February swing low. The 2-year yield premium shrinkage between UK sovereign fixed income over the US Treasury Note may trigger a bearish reversal on the GBP/USD. Watch Read more…