Daily Pivots: (S1) 1.3520; (P) 1.3559; (R1) 1.3596; More… Intraday bias in GBP/USD remains neutral for the moment. Further rally is still expected as long as 1.3430 support holds. We’re seeing corrective fall from 1.4248 as complete with three waves down to 1.3158, after hitting 1.3164 medium term fibonacci level. . Sustained break of 1.3570 […]
The post GBP/USD Mid-Day Outlook appeared first on Action Forex.
Monday, Nov 25, 2024 Tuesday, Nov 26, 2024 Wednesday, Nov 27 2024 Thursday, Nov 28, 2024 Friday, Nov 29, 2024 The post Summary 11/25 – 11/29 appeared first on Action Forex.
Weak PMI data from Europe and the UK raise concerns about global economic outlook and sent the EUR and GBP tumbling. Escalating tensions in Russia-Ukraine and the Middle East add to market uncertainty. Upcoming PCE Read more…
Canadian Highlights Canadian inflation made headlines this week, with both overall and core inflation pushing higher in October. The Canadian consumer was also in the spotlight as retail sales surged and the Federal government announced Read more…