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GBPUSD - Relaxed Fed helps push US stocks to new records, as China cuts rates
This gap level support needs to hold to prevent a slide towards 1.0340. We need to get above 1.0880 to stabilise and argue for a move back to 1.1000. GBPUSD – has continued to come under pressure with ...
GBPUSD on Its Way to 1.2770?
The GBPUSD is holding below the resistance level I mentioned last week. The 1.3050/70 area is the intersection of the 2019 ascending channel as well as the trend line that extends from the November ...
U.K. Inflation Unexpectedly Rises, Propelled By Petrol Prices
High Point Over The Last Six Months It is the highest reading in six months, mainly boosted by prices of transport (1.8% vs 0.7% in December), airfares (0.9% vs -8.5%); fuels and lubricants (4.7% vs 1 ...
U.K. inflation spikes and home builders are climbing
The FTSE 100 joined a rebound for global equities on Wednesday, with home builders in the lead after a bullish note from HSBC and as fresh data showed surging U.K. inflation. The index UKX, +0.70% ...
GBP/USD Pound Brushes Of Upbeat Inflation
As a result, investors are not expecting to see any major signals in the minutes. Levels to watch GBPUSD slipped below the key psychological level of $1.30. It trades below its 200 & 100 sma and is ...