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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
GBP/USD Analysis: Weak US Labour Market Data Pushes the Pair Higher

GBP/USD Analysis: Weak US Labour Market Data Pushes the Pair Higher

The pair gained momentum following the release of the US labour market report for July 2026 on 7 August. Non-farm employment fell by 23,000 jobs, compared with a forecast for an increase of 80,000 jobs among economists surveyed by Reuters.

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Source: Action Forex
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Source: Action Forex News Agency
1 month ago
Forex Medium Importance
EUR/USD Strengthens Further as Buyers Press Their Advantage

EUR/USD Strengthens Further as Buyers Press Their Advantage

Looking at the 4-hour chart, the pair gained pace for a move toward 1.1580. A high was formed at 1.1581, and the pair is now consolidating gains above the 23.6% Fib retracement level of the upward move from the 1.1352 swing low to the 1.1581 high.

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Source: Action Forex
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