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GBP/USD is attempting a recovery wave above the 1.2000 resistance. GBP/JPY could rise further unless there is a downside break below the 160.50 support. Important Takeaways for GBP/USD and GBP/JPY · The British Pound is…

Share: Silver spot price climbed on Monday, though the 200-DMA capped its uptrend. XAG/USD Price Analysis:…

POUND STERLING ANALYSIS & TALKING POINTSQuite trading day expected today with Fed speak on the docket.UK labor and US CPI takes the limelight tomorrow.Key psychological levels under threat. Recommended by Warren…

Today I present you an overview of deals made using the Owl strategy - smart levels for the EURUSD, GBPUSD and AUDUSD currency pairs for the week from 13 to 17 February, 2023.  For convenience and timely receipt of signals I…

Share: The Swiss National Bank is "still willing" to be active on the foreign currency markets in pursuing…

Gold Price (XAU/USD), Chart, and AnalysisGold is treading water ahead of event and data risk.The US bond market is closed, and the greenback is listless. Trade Smarter - Sign up for the DailyFX Newsletter Receive timely and compelling…

The RBNZ is expected to raise rates this week while the FOMC meeting minutes could confirm the likelihood of the return of 50bps rate hikes. A new set of PMI reports from the U.S., Australia, Japan, and Europe should also give clues on…

Share: USD/MXN jumps from YTD lows around $18.33 and climbs to 18.40. USD/MXN Price Analysis: Positive…

Euro Dollar (EUR/USD) Talking pointsEuro Dollar stagnates as the US celebrates President’s DayEUR/USD breaches trendline resistance around 1.069. Can bulls retest 1.070 psychological level?Risk events for the week include sentiment and…

Enough experience in the forex market can delude some traders into believing that they can fully predict price action. After all, if you have years of screen time under your belt and you’ve put in the 10,000 hours in developing your…