GBP/USD Rises Before US Unemployment Rate Announcement
Following a two-day rise, the British pound (GBP) has lost ground below 1.3500 against the US dollar (USD) today. This significant loss can be attributed…
Posts Tagged: Fundamentals Analysis
GBP/USD Extends Declines to New Monthly Lows After UK Retail Sales
The GBP/USD currency pair on Friday continued to plunge after it fell to a new monthly low of about 1.2370 before recovering slightly to 1.2377…
USD/JPY Consolidative Triangle Formation Nears Completion
The USD/JPY currency pair on Friday continued to trade in a consolidative triangle formation after facing the 100-hour SMA resistance. The currency pair has been…
EUR/USD Hits a New 2-Week High of 1.0950, Targets 1.1000
The EUR/USD currency pair on Tuesday extended the current weekly gains to top the 1.0950 level. This also marked a new 2-week high in the…