GBPUSD

you welcome in Teaching Assistant for Today (Tauted)! he GBP/USD Is withdrawal imminent? Here is the daily chart: Using pure technical analysis, let's analyze today's chart. Technical Analysis Moving averages: 200 day simple moving…

In this July 5, 2024 Forex Market Opening Video, I take a technical look at the three major currency pairs - EURUSD, USDJPY, and GBPUSD. Today, the US jobs report was mixed, with nonfarm payrolls in June coming in above expectations, but…

Basic OverviewThe US dollar fell broadly after weak US jobless claims and the Institute for Supply Management’s services PMI. Overall, the data did little to change interest rate expectations, but it reinforced the view that the Federal…

In the June 21 kickoff video, I look at the three major currency pairs from a technical perspective and explain what the bias is, what the risks are, and what the objectives are for each.EURUSD corrected higher to test a 61.8% retracement…

GBPUSD sellers are in playThe pound fell against the dollar earlier today. The Bank of England kept interest rates unchanged today. However, as Justin pointed out in his post-decision posts, the BoE's latest statement contains subtle…

Basic overview The US dollar received support from strong US consumer confidence data which led to a strong rise in long-term Treasury yields. However, the report showed that the labor market remains resilient which is good news for…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

In case you missed the latest weekly FX market summary, Uncle Sam's slightly weaker economic data has traders holding off on a rate hike or even a rate cut from the Fed. Fortunately for USD bulls, Fed members also came out and…

In this April 10 introductory video, I take a look at three of the major currency pairs from a technical perspective – EUR/USD, USD/JPY, and GBP/USD. In this report, I also take a quick look at the USD/CAD pair after a stronger than…

Basic overviewThe US dollar has weakened across the board recently due to a more dovish than expected FOMC decision last week as the Fed decided to signal a further tapering of the QT period starting in June and Fed Chairman Powell…