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Key Highlights GBP/USD is attempting to recover from the 1.2840 support zone. A connecting bearish trend line is forming with resistance at 1.3020 on the 4-hour chart. EUR/USD could gain bullish pace if it clears the 1.0920 resistance. Bitcoin bulls aim for a fresh move above the $70,000 resistance. GBP/USD Technical Analysis The British Pound […]

The post GBP/USD Recovery Potential: Can The Pound Rebound? appeared first on Action Forex.

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27/08/2024

Australian Dollar Drifting Ahead of Aussie CPI

The Australian dollar is calm on Tuesday. AUD/USD is trading at 0.6773 in the North American session, up 0.03% on the day at the time of writing. Australian CPI expected to drop to 3.4% Australia’s CPI, which will be released early Wednesday, is expected to continue to decelerate. CPI eased from 4% to 3.8% in […]
14/08/2024

GBP/USD Shrugs as UK CPI Rises Less Than Expected

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02/08/2024

Sunset Market Commentary

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