GBP/USD stabilizes near 50-SMA as traders await BoE rate cut. Technical signals cannot guarantee bullish continuation. GBP/USD is facing a pivotal moment near the 1.2500 round level and its 50-day simple moving average (SMA) just a few hours before the Bank of England’s policy announcement at 12:00 GMT. A decisive break above this psychological barrier […]
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Daily Pivots: (S1) 151.66; (P) 153.06; (R1) 154.00; More… Intraday bias in USD/JPY remains on the downside as fall from 158.86 is in progress. Strong support is still expected from 38.2% retracement of 139.57 to Read more…
Daily Pivots: (S1) 0.8992; (P) 0.9028; (R1) 0.9054; More… USD/CHF is staying in consolidation from 0.9200 and intraday bias stays neutral. Outlook will remain bullish as long as 0.8956/64 support holds. Firm break of 0.9200/9223 Read more…
Norwegian Cruise Line has officially joined the cruise ship arms race. While Royal Caribbean has set the standard with its Oasis and Icon Class ships, Carnival has not been far behind with its Excel Class Read more…