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Amidst cautious trading, the Dollar Index holds steady. Key focus: upcoming US GDP data and ECB's critical policy decisions shaping EUR/USD and GBP/USD.
Yesterday, the GBP/USD pair moved higher towards the resistance level of 1.2747 before being hit by profit-taking selling that pushed it towards the support level of 1.2648 and is stabilizing around 1 ...
This article examines the U.S. dollar technical outlook, with a focus on three major FX pairs: EUR/USD, USD/JPY and GBP/USD.
The GBP/USD climbed during the mid-North American session on Wednesday after economic data suggested the UK’s economy remains solid after a release of strong PMI figures. That and soft US Dollar, ...
After rising toward 1.2750 early Tuesday, GBP/USD made a sharp U-turn and lost nearly 100 pips during the American trading hours. The improving risk mood toward the end of the day, however, helped the ...