The British Pound started a fresh decline from the 1.1740 resistance zone against the US Dollar. The GBP/USD pair declined heavily below the 1.1700 and 1.1650 levels. There was a close below the 1.1600 level and the 50 hourly simple moving average. It even spiked below the 1.1520 level and traded as low as 1.1482. […]
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Key Highlights Gold started a fresh decline from $5,240 and traded below $5,120. A major bearish trend line is forming with resistance at $5,075 on the 4-hour chart. WTI Crude Oil surged toward $102 before Read more…