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The British pound has slumped to a fresh monthly trading low against the US dollar, with the pair falling below the important 1.2790 support level. If sellers can sustain bearish momentum below the 1. ...
The GBPUSD tried to rally on the back of the weaker US data. The Brexit anxiety remains which limited the buying. WH Kudlow is now saying there are glitches in the data. The gains off the US data was ...
Last week, the EURUSD rallied up into the key resistance / sell-zone between 1.0530 – 1.0670 that we had been discussing recently in our commentaries. Note, the bearish pin bar that formed within this ...
GBP/USD weakens on further bear pressure following its Wednesday losses. Support sits at 1.2750 level. Further down, support comes in at the 1.2700 level where a break will turn focus to the 1.2650 le...