The pound pushed higher at the start earlier today but has given up all of these gains. GBP/USD is trading at 1.1293, down 0.03%. Sunak takes over as PM Rushi Sunak has become the new UK Prime Minister after Penny Mordaunt dropped out of the Conservative leadership race. Liz Tross beat Sunak for the leadership […]
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Daily Pivots: (S1) 211.81; (P) 212.73; (R1) 213.68; More… Intraday bias in GBP/JPY stays neutral for consolidations above 210.43. Risk will stay on the downside as long as 55 4H EMA (now at 214.28) holds. Read more…
Daily Pivots: (S1) 182.96; (P) 183.69; (R1) 184.57; More… Intraday bias in EUR/JPY stays neutral and more consolidations could be seen above 182.28 temporary low. Risk will stay on the downside as long as 55 Read more…
Daily Pivots: (S1) 0.8629; (P) 0.8640; (R1) 0.8651; More… Intraday bias in EUR/GBP remains neutral for the moment, and some more sideway trading could be seen. On the downside, decisive break of 0.8610 key support Read more…