Daily Pivots: (S1) 1.2187; (P) 1.2243; (R1) 1.2352; More… Intraday bias in GBP/USD stays on the upside at this point. Current rally form 1.0351 should target 1.2759 medium term fibonacci level next. On the downside,e break of 1.1898 support is needed to indicate short term topping. Otherwise, outlook will stay bullish in case of retreat. […]
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Markets This morning, (Asian) markets were ‘unsettled’ as US president-elect Trump via his ‘Truth’ social network announced additional tariffs on Canada and Mexico (25%) as he assesses they don’t do enough to stop what he Read more…
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US Conference Board Consumer Confidence Index increased to 111.7 in November, up from 109.6 in October, though slightly below the expected 112.0. Present Situation Index, which reflects consumers’ views on current economic conditions, saw a Read more…