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Source: MarketPulse News Agency
1 month ago
Forex Medium Importance
Chart alert: GBP/USD remains firm above 1.3479 ahead of US CPI

Chart alert: GBP/USD remains firm above 1.3479 ahead of US CPI

GBP/USD remains firm ahead of the US CPI release after breaking above a key medium-term descending trendline following last Friday's US NFP. Sterling's near-term bullish momentum remains intact above the 1.3479 pivotal support, with upside targets at 1.3547, 1.3580 and 1.3643.

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Source: MarketPulse
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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Dollar Price Forecast: GBP Consolidates Recent Gains

Pound to Dollar Price Forecast: GBP Consolidates Recent Gains

Pound-Dollar could hold above $1.35 if US inflation cools as expected, although renewed Middle East tensions risk reviving safe-haven demand for the Greenback. The Pound to US Dollar (GBP/USD) exchange rate traded with a softer bias on Tuesday as fresh uncertainty surrounding the Middle East supported demand for the US Dollar.

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Source: ExchangeRates
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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Pound to Australian Dollar Price News, Forecast: Can GBP Break higher after RBA hold?

Pound to Australian Dollar Price News, Forecast: Can GBP Break higher after RBA hold?

Pound-Australian Dollar could stay near AU$1.91 if UK GDP supports Sterling, although hawkish RBA signals may keep the ‘Aussie' well underpinned. The Pound to Australian Dollar (GBP/AUD) exchange rate traded in a narrow range on Tuesday, after early volatility triggered by the Reserve Bank of Australia's latest policy decision.

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Source: ExchangeRates
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Source: ExchangeRates News Agency
1 month ago
Forex Medium Importance
Euro-to-Dollar Forecast: The EUR/USD's Next Big Test Is Near 1.1625

Euro-to-Dollar Forecast: The EUR/USD's Next Big Test Is Near 1.1625

The Euro-Dollar exchange rate has broken out of its recent base, with FX analysts at Société Générale now watching the 1.1610/1.1625 zone as the next resistance area. The Euro to US Dollar (EUR/USD) exchange rate was trading around 1.1543 late on Tuesday, still holding most of the recovery from late July and roughly 1.2% higher over.

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Source: ExchangeRates
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