Daily Pivots: (S1) 1.3085; (P) 1.3134; (R1) 1.3185; More… Sideway consolidation continues in GBP/USD and intraday bias remains neutral. Outlook remains bearish with 1.3297 resistance intact, and further decline is expected. On the downside, break of 1.2999 low will resume larger down trend from 1.4248. However, firm break of 1.3297 will turn bias back to […]
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Check back for updates throughout the trading day U.S. equity futures moved lower, but are still on pace for modest weekly gains, as investors move past Nvidia’s third quarter earnings report and focus on geopolitical Read more…
Today’s PMI figures were released and came in worse than analysts’ expectations. The Flash Manufacturing PMI and Flash Services PMI for both Germany and France fell below the 50.0 threshold, indicating that Europe’s economy is Read more…
The British pound is lower for a straight third trading day on Friday. In the North American session, GBP/USD is trading at 1.2543, down 0.36% on the day. UK retail sales weaker than expected UK Read more…