GBPUSD Forex Analysis - Downtrend Continuation Pattern Targeting 1.1841 Weekly Support

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily, 4-hour, and 15-minute charts.
ACY Securities | 829 hari yang lalu

Join Senior Market Strategist & Trading Mentor Duncan Cooper as he watches price levels on the GBPUSD daily, 4-hour, and 15-minute charts.

Price has rallied back to 1.2133 the 62% fib retracement level of last week’s trading range.

Watching for a move back below the 1.2100 level to confirm the start of the next decline targeting the 1.1841 weekly support level.

This content may have been written by a third party. ACY makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplied by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.

Peraturan: ASIC (Australia), FSCA (South Africa)
read more
ATFX Market Outlook 30th May 2025

ATFX Market Outlook 30th May 2025

Initial jobless claims in the U.S. rose to 240,000 last week, indicating an increase in layoffs amid rising tariffs. The unemployment rate in May is also trending upwards. A U.S. appeals court temporarily reinstated President Trump’s “Liberation Day” tariffs after a previous ruling deemed them an overreach.
ATFX | 1 hari yang lalu
ATFX Market Outlook 29th May 2025

ATFX Market Outlook 29th May 2025

The Federal Reserve’s meeting minutes highlighted concerns over persistent inflation and slowing job growth, reinforcing its cautious stance on interest rates. U.S. equity indices closed lower on Wednesday as investors digested the Fed’s minutes, and semiconductor stocks slumped late in the session. The Dow Jones fell 0.58%, the S&P 500 lost 0.56%, and the Nasdaq dropped 0.51%.
ATFX | 2 hari yang lalu
ATFX Market Outlook 28th May 2025

ATFX Market Outlook 28th May 2025

April saw the most significant decline in durable orders in six months, amid persistent uncertainties about tariffs. However, a rebound in the Conference Board’s Consumer Confidence Index provided a pleasant surprise. U.S. equities surged on Tuesday, buoyed by President Trump’s signals on tariff relief and improving consumer sentiment.
ATFX | 3 hari yang lalu
Currencies Dance, Markets Move: May 27, 2025

Currencies Dance, Markets Move: May 27, 2025

Global financial markets on May 27, 2025, are navigating a complex landscape of US fiscal concerns, central bank policy divergence, and geopolitical tensions. The US Dollar (DXY at 98.80) remains under pressure near a one-month low due to fears surrounding Trump’s $3.8T tax bill and a Moody’s credit downgrade, lifting AUD/USD to 0.6490 and GBP/USD to a 39-month high near 1.3570.
Moneta Markets | 4 hari yang lalu
Yen Surges, Pound Shines: May 26, 2025

Yen Surges, Pound Shines: May 26, 2025

Global financial markets on May 26, 2025, are driven by US fiscal concerns, central bank policy divergence, and easing trade tensions. The US Dollar (DXY at 99.70) hits a one-month low amid deficit fears from Trump’s $4T tax bill, lifting GBP/USD to a multi-year high above 1.3550 and pressuring USD/CAD below 1.3700.
Moneta Markets | 5 hari yang lalu