GBP/USD: Poised for Potential Bullish Breakout Ex-post BoE

Market Picture The Asian session continues to be tough for cryptocurrencies. The total market capitalisation had risen to $2.05 trillion the previous evening, recovering from a drop earlier in the day. Still, selling prevailed again at the start of the new day on Thursday, bringing the capitalisation back to $2.0 trillion (+0.8% in 24 hours). […]

Gold jumped to its highest level since May 22 last week But fails to extend rally, trading flat in past couple of sessions Despite latest weakness, oscillators remain positively tilted Gold has been experiencing solid gains since late June, with the break above its 50-day simple moving average (SMA) and restrictive trendline brightening the short-term technical outlook. […]

GBPCAD reversed from major resistance level 1.7240 Likely to fall to support level 1.7000 GBPCAD currency pair recently reversed down from the major resistance level 1.7240 (which has been reversing the price from the end of August). The downward reversal from the resistance level 1.7240 created eth daily candlesticks reversal pattern Dark Cloud Cover. Given […]