
Pound Sterling Price News and Forecast: GBP/USD rebounds from 0.786 Arc
Pound Sterling Price News and Forecast: GBP/USD rebounds from 0.786 Arc
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Pound Sterling Price News and Forecast: GBP/USD rebounds from 0.786 Arc

Key scenarios to watch on the GBP/USD and DJIA charts amid rate-hike risks and a potentially hawkish FOMC decision tonight. These factors are supporting risk-off sentiment alongside strong trends across energy markets and U.S. Treasury yields.

Silver recently reversed down from the support area between the support level 62.60 (which has been reversing the price from March), lower daily Bollinger Band and the 50% Fibonacci correction of wave A from July.

Gold managed to hit a rebound toward 4341 to close from the target and resistance zone of 4350-70. As we see over the chart, the market still holds inside a Falling Wedge formation with support at 4250-60 and resistance at 4350-70.

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USDJPY managed to pass above resistance 155.20 which may push for farther bounus As we see over the chart market facing support zone around 153.90-154.40 where as long as market holding trades above it a chance for farther advance toward 156.75-157.40 resistance zone is likely Below 153.90 the drop pressure may restore strength for more […]

The Euro fell below the support of 1.1570 which added pressure for a further drop toward 1.1460-80, which in turn could activate a rebound. Below 1.1460, more of a drop is likely with supports on chart could push for an Intraday rebound.

GBPUSD managed to test support 1.3475 while as we see over the chart the uptrend channel support zone still around 1.3400 which still pushing toward another advance toward 1.3565 and 1.3675 Below 1.3400 more drop pressure may join to push for farther drops toward 1.3280 and below SUPPORT RESISTANCE LEVEL1 1.3400 1.3565 LEVEL2 1.3280 […]

GBP/USD rebounds from 0.786 Arc – Potential decline toward 0.618 Arc

Gold Price Forecast: XAU/USD consolidates below $4,350 ahead of Fed decision

British Pound: 1.3440–1.3420 support in focus against US Dollar - Societe Generale

Silver price today: Silver rises, according to FXStreet data

GBPUSD hits another low Cable's bearish run continued as sticky unemployment data added more pressure to the pair. Prices have been pushing lower after breaking below the dynamic support of 1.3500.

Euro: 1.150 target nears on Fed risk against US Dollar – ING