The GBPUSD has fallen below the 1.25000 mark again and is challenging important support levels which could trigger speculative interest in the near term-
The GBP/USD has fallen below the 1.25000 mark again and is challenging important support levels which could trigger speculative interest in the near term.. GDP numbers last week showed that U.K. growth statistics are facing recessionary pressures and this likely was the cause for theto quickly nosedive last week. However as this week of trading opened, financial institutions were also keenly aware that U.S. economic data isn’t particularly great either.
The choppy saga for the GBP/USD did not end there because since hitting Wednesday’s high, the Forex pair has stumbled lower again and as of this writing is near 1.24450 which is within sight of intriguing support levels.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
GBP/USD bulls are holding the fort in key supportGBP/USD is trading at around 1.2480 and has traveled between a low of 1.2465 and a high of 1.2546 so far on the day. The British Pound was in trouble
Les mer »
GBP/USD faces the next support at 1.2390 – UOBEconomist Lee Sue Ann and Markets Strategist Quek Ser Leang at UOB Group note GBP/USD could weaken further and revisit 1.2390 in the next few weeks. K
Les mer »
GBP/USD continues its sideways performance below 1.2500 as USD Index defends downsideThe GBP/USD pair is displaying a back-and-forth action below the psychological resistance of 1.2500 in the Tokyo session. The Cable is failing to deli
Les mer »
GBP/USD Price Analysis: Follows the footprints of sideways US Dollar IndexThe GBP/USD pair is demonstrating a back-and-forth action above 1.2480 in the early European session. The Cable is struggling to find any decisive mov
Les mer »
GBP/USD plummets to three-week low, eyes 1.2400 amid broad-based USD strengthThe GBP/USD pair adds to the previous day's losses and remains under heavy selling pressure for the second successive day on Wednesday. The downward t
Les mer »
GBP/USD Forex Signal: Decline from Peak ContinuesMy previous GBP/USD signal on 10th May was not triggered as the price did not reach any of the key support or resistance levels during that day\u2019s London session
Les mer »