The British Pound started a decent recovery wave from the 1.1820 zone against the US Dollar. The GBP/USD pair climbed above the 1.1950 resistance to move into a positive zone. The pair even climbed above the 1.2000 barrier and the 50 hourly simple moving average. A high was formed near 1.2045 and the pair is […]
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Key Highlights EUR/USD extended losses and traded below 1.1480. A key bearish trend line is forming with resistance at 1.1550 on the 4-hour chart. GBP/USD also declined further and traded below 1.3320. Crude oil prices Read more…
China’s economic activity showed a stronger-than-expected start to 2026, with key indicators rebounding in the January–February period. Industrial production rose 6.3% yoy, well above market expectations of 5.1%. Retail sales increased 2.8% yoy, also beating Read more…