Market News

Follow the latest financial and economic news, market updates, reports, and analysis on PipVero.

Source: Forexcom News Agency
4 days ago
Forex Medium Importance AI Analyzed
British Pound Forecast: GBP/USD Heads for Biggest Weekly Drop Since May

British Pound Forecast: GBP/USD Heads for Biggest Weekly Drop Since May

Sterling has come under heavy pressure following last month's rejection from major resistance, with the decline gathering momentum through September. The latest move has materially weakened the near-term technical picture and brought GBP/USD to an important inflection point where the bears will need further confirmation to sustain the decline.

Related Symbols 1
Source: Forexcom
Visit Source
Comment