Gold has been one of the standout performers during 2020, rising from around $1500 an ounce to a whopping $2075 an ounce in August. However, with the precious metal having broken out of previous all-time…
GBP/USD: The British Pound has Managed to Stay…
[caption id="attachment_369467" align="alignnone" width="609"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The British Pound has managed to stay above 1.31 handle and even scaled 1.316 on USD weakness driven rally. But disappointing UK macro data pressured GBP…
GBP/USD: The Pair Still Retains some Level of…
[caption id="attachment_369427" align="alignnone" width="609"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The pair still retains some level of dovish bias which began yesterday when rally driven by USD rebound finally put an end to GBP’s recent streak…
GBP/USD has Finally Managed to Crack 1.30 Handle
[caption id="attachment_369333" align="alignnone" width="580"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The British Pound has finally managed to crack 1.30 handle on rally fuelled by USD weakness and posts its 10th consecutive session of bullish price rally…
GBP/USD Rallies to Breach Past the Mid-1.28 handle
[caption id="attachment_369242" align="alignnone" width="609"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The British Pound takes advantage of short term boost gained by USD weakness and drives the price rally to breach past mid-1.28 handle. Tensions between UK…
Dollar Weakness Extends, Spreads to Yen; Covid-19 Wave…
Summary: Total Coronavirus cases in the US soared to above the 4 million mark with deaths climbing to 149,771. Preliminary factory and services output underwhelmed in the US while those of Australia, Europe and the…
GBP/USD Remains Mostly Flat but Holds Onto to…
[caption id="attachment_369098" align="alignnone" width="609"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The pair remains mostly flat today but continues to hold onto to recent gains as the rally is primarily driven by USD weakness. Vaccines cues from…
GBP/USD: The Pair is Seeing Positive Price Action…
[caption id="attachment_369074" align="alignnone" width="609"] GBP/USD Hourly (H1) Chart[/caption] GBP/USD: The pair is seeing positive price action today with GBP scaling fresh 5-week highs as talks of stimulus measures in the US and Europe greatly improved…
GBPUSD is Seeing Positive Price Action in the…
[caption id="attachment_368947" align="alignnone" width="683"] GBPUSD Hourly (H1) Chart[/caption] GBP/USD: The British Pound is seeing positive price action with the exchange rate moving up towards the 1.26 handle. Better than expected Euro area macro data allowed…
