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GBPUSD stays directionless near September’s base Technical signals cannot warrant an upside reversal GBPUSD faced mild selling pressure but held its footing above September’s floor of 1.3000-1.3040 after the UK employment survey showed better-than-expected jobs data in August and an increase in the number of unemployed people in September. The bears may have luck on their […]

The post GBPUSD Holds Near September’s Support Zone After Mixed Jobs Data appeared first on Action Forex.

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01/07/2024

EUR/USD Rises Towards 1.076

Markets Core bonds sold off into the final trading hours last Friday. We didn’t spot an obvious reason underpinning the move. Economic data (US PCE deflators, national inflation figures of certain EU member states) printed bang in line with expectations. But a looming weekend full of event risk (first round of French parliamentary elections) coinciding […]
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19/07/2024

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