GBP/USD: Sterling looks soft on the charts and prone to more losses – Scotiabank

BY admin admin

GBP/USD skids below the 1.2700 level. Economists at Scotiabank analyze the pair’s technical outlook. A softer phase of price action is developing Ster

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

EURUSD trades higher into US CPI data

<p>The EURUSD is trading higher ahead of the US CPI data. The headline CPI is expected at unchanged for the month and +0.3% for the core. </p><p>The gains in the EURUSD today were su

Forex

USD Index looks offered around 104.70, focus on data, ECB

The greenback seems to be facing soe headwinds after two daily advances in a row and retreats to the 104.70 zone when tracked by the USD Index (DXY) o

Forex

CADJPY H4 | Bullish bounce from 61.8% Fibo

TitleCADJPY H4 | Bullish bounce from 61.8% FiboTypeBullish BouncePreference:Price is falling towards the pivot point of 106.887 which is an overlap support that aligns close to the 61.8% Fibonacci ret

Copyright © 2024 | WordPress Theme: Xews Lite