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Key Highlights GBP/USD started a fresh increase above the 1.2920 resistance. It broke a major bearish trend line with resistance at 1.2765 on the 4-hour chart. Gold prices are consolidating gains above the $2,500 resistance. EUR/USD surged toward the 1.1120 level and aims for more upsides. GBP/USD Technical Analysis The British Pound formed a base […]

The post GBP/USD Gathers Pace, More Gains In Sight? appeared first on Action Forex.

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03/02/2024

Aussie Slides After Hot US Nonfarm Payrolls

The Australian dollar has fallen almost 1% after the US nonfarm payrolls and has given up today’s earlier gains. In the North American session, AUD/USD is trading at 0.6644, down 0.40%. The US dollar has started 2024 on the right foot, recording gains against most of the major currencies in the month of January. The […]
08/02/2024

A Modest Sliver Lining for China and Hong Kong Stock Markets

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08/03/2024

Sunset Market Commentary

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