Intraday bias in GBP/USD remains neutral at this point, as consolidations continues. Further fall is in favor as long as 1.3310 resistance holds. Below 1.3179 will extend the decline from 1.3675 to 1.3139 support next. However, firm break of 1.3310 will indicate short term bottoming, and turn bias back to the upside for stronger rebound. […]
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Gold traded around 4,130 USD per ounce on Thursday, remaining near its lowest levels since early August, although it is currently making a strong attempt to rebound. Pressure on the metal intensified following the release Read more…
Intraday bias in EUR/USD remains neutral and consolidations could still continue above 1.1159. Further decline is expected as long as 1.1379 resistance holds. On the downside, sustained break of 100% projection of 1.1848 to 1.1323 Read more…