The recent selloff in GBP/USD has stalled and the pound is attempting a move higher despite news that Boris Johnson plans to resign and will make a speech later today. The move by Boris Johnson comes after a third of his government resigned following months of damaging headlines. He is expected to remain as a […]
The post GBP/USD Holds Over $1.1950 as Johnson Says He Will Resign appeared first on Action Forex.
An aggressive fiscal spending proposal by Germany has attracted bullish animal spirits into EUR/USD. A significant rally in the longer-end German Bund yields is likely to alter ECB monetary policy guidance towards a “less dovish Read more…
Daily Pivots: (S1) 191.13; (P) 191.73; (R1) 192.57; More… Intraday bias in GBP/JPY remains neutral as range trading continues. On the upside, firm , fir break of 193.04 will resume the rebound from 187.04 to Read more…
Daily Pivots: (S1) 159.32; (P) 160.03; (R1) 161.32; More… Intraday bias in EUR/JPY stays on the upside for the moment. Rise from 154.77 is seen as another rising leg in the corrective pattern from 154.40. Read more…