Daily Pivots: (S1) 1.1209; (P) 1.1297; (R1) 1.1357; More… GBP/USD’s decline is still in progress and intraday bias stays on the downside. Current down trend should target 61.8% projection of 1.3748 to 1.1759 from 1.2292 at 1.1063 next. On the upside, above 1.1349 minor resistance will turn intraday bias neutral first. But outlook will stay […]
The post GBP/USD Daily Outlook appeared first on Action Forex.
In September 2025, McDonald’s CEO Chris Kempczinski sounded the alarm about new customer behavior. Kempczinski highlighted a “two-tier economy” that’s fundamentally changing how people eat. The CEO observed a stark divide in the brand’s customer Read more…
An economic downturn in the furniture retail sector has resulted in major home furnishing companies closing stores and filing for Chapter 11 bankruptcy protection to reorganize their businesses. The furniture industry has cited declining sales, Read more…
Market focus remains on oil as the week kicked off with prices surging to USD120 per barrel. They declined quickly again but remain elevated around USD100. The IEA’s announcement of a record release of 400 Read more…