GBPUSD continues to show an incomplete bearish sequence from the January 27, 2026 high, keeping the bias tilted lower. The potential target can be measured using the 100% to 161.8% Fibonacci extension from that peak. This calculation defines a zone between 1.252 and 1.295, which remains the key area of interest for traders. The near‑term […]
The post GBPUSD Elliott Wave Bearish Structure Calls for Further Weakness appeared first on ActionForex.
EUR/GBP may have passed a turning point that extends well beyond this week’s inflation data. The sharp break below key technical support reflects more than a softer Eurozone CPI report—it signals that one of the Read more…
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Australia’s trade balance unexpectedly swung into its largest deficit in more than a decade in May as a sharp drop in commodity exports outweighed a rise in imports. The Australian Bureau of Statistics reported a Read more…