GBP/USD hits 1.2238, its lowest since Nov 2023, as bearish momentum persists; focus shifts to key 1.2039 support level. – vtmarkets.com
GBPUSD reaches a 2024 high, driven by positive UK economic data and a weaker US dollar ahead of the Jackson Hole event. Explore market implications and short-term trader insights.
GBPUSD forming potential double bottom after the rate cut decision from the BoE. Explore market impacts and short-term trading opportunities in the British pound.
EURUSD surged 1.3% as weak US nonfarm payrolls data fueled expectations of a significant Fed rate cut. Read more to understand the market opportunities and risks.
Key Points: EUR/USD falls below 1.0800: The currency pair dips under a significant threshold, influenced by a strong dollar and higher yields. Technical support in focus: Near-term support levels are crucial as the pair tests critical technical markers. The EUR/USD …
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