Key Highlights GBP/USD started a recovery wave and surpassed the 1.3320 resistance. A key contracting triangle is forming with support at 1.3290 on the 4-hour chart. EUR/USD struggled to extend its recovery wave above the 1.1475 resistance. WTI Crude Oil prices are under pressure below the $72.50 pivot level. GBP/USD Technical Analysis The British Pound […]
The post GBP/USD Nears a Breakout as Buying Pressure Builds appeared first on ActionForex.
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Sheds are a fantastic way to Read more…
Sterling’s rally has been about more than better sentiment toward the UK. It has been driven by the disappearance of one of the market’s biggest bearish trades. As political uncertainty faded following the resolution of Read more…
Japan’s real wages rose 1.4% yoy in May, extending gains for a fifth consecutive month, although the pace slowed from April’s 2.0% increase. The latest reading marks the longest stretch of positive real wage growth Read more…