British pound fell across the board on Wednesday following fresh political storm in the UK, after finance minister Reeves’ budget plan was strongly hurt by a series of significant changes in welfare reform bill that undermined the position of the fin min Reeves, as well as PM Starmer, who gave his full support to the […]
The post GBP/USD: Cable Falls Sharply on Political Turmoil in UK appeared first on Action Forex.
EUR/USD’s gyrated lower last week but recovered ahead of 1.1662 support. Initial bias remains neutral this week first, and further rise is in favor. On the upside, sustained trading above 61.8% retracement of 1.2081 to Read more…
USD/JPY extended consolidations below 160.45 last week and outlook is unchanged. Initial bias remains neutral this week. Further rise is expected with 157.49 cluster support (38.2% retracement of 152.25 to 160.45 at 157.31) intact. On Read more…
GBP/USD turned into consolidations last week and outlook is unchanged. Initial bias remains neutral this week first. On the upside, firm break of 61.8% retracement of 1.3867 to 1.3158 at 1.3596 will pave the way Read more…