EUR/GBP Price Forecast: Finds temporary support at the bottom of a range
The trend is bearish both in the short and medium-term and given the principle that “the trend is your friend” this means the ...
GBP: Growing strength near term – ING
The Pound Sterling's (GBP) rally on yesterday's Bank of England communication looks fully justified. It’s hard to rule out ...
Gold hits new highs on expectations of global rate cuts
Gold breaks to new record highs on Friday as central banks worldwide are expected to follow the Fed’s example. The precious ...
Strong UK Retail Sales data helps boost the Pound
GBP/USD is paring back gains to trade near 1.3300 in the European session. The data from the UK showed that Retail Sales rose at a stronger pace than expected in August, briefly supporting Pound ...
EUR: The breakout feels imminent – ING
EUR/USD is falling back toward 1.1150 in European trading on Friday, reversing early gains. Risk sentiment sours and lifts the haven demand for the US Dollar, fuelling a pullback in the pair. The ...