GBP/USD soaring into 1.24, set for its best trading day since March

[ad_1] Share: The GBP/USD is climbing into the 1.2400 handle to cap off a trading week that saw the pair mostly flounder around the averages. After US Nonfarm Payrolls (NFP) came in well below expectations the Pound Sterling (GBP) climbed 1.6% from Friday’s opening bids near 1.2190, and the GPB/USD is up almost

Fears high as Hezbollah leader set to speak for the first time since the war

[ad_1] Hezbollah leader Hassan Nasrallah Friday’s have been a day for geopolitical risks for the past month, starting with the terrorist attacks and continuing as markets awaited Israel’s response. Going into this weekend, there is less scope for bids in gold/oil/CHF because the ground invasion has already started but eyes will be on a speech

Brent Crude Oil Set for Second Weekly Advance as Tensions Ramp Up

[ad_1] Brent Crude Oil News and Analysis Fighting continues on multiple fronts as diplomatic efforts do little to calm tensions Brent crude oil edges higher ahead of the weekend IG client sentiment hints at continued bullish momentum as traders pile into shorts The analysis in this article makes use of chart patterns and key support

USD/CAD Looks Set to Arrest 4-Day Slump, Finding Support at the 20-Day MA

[ad_1] USD/CAD PRICE, CHARTS AND ANALYSIS: The Loonie Appears to Have Run Out of Steam Ahead of US CPI Release. BoC Deputy Governor Issues Warning Around the Potential of Renewed Price Pressures. IG Client Sentiment Data Shows Retail Traders are Currently Net-Short with 60% of Traders Holding Short Positions. To Learn More About Price Action,Chart

XAU/USD 2-Week Performance Set for Worst Since Early July?

[ad_1] Gold, Retail Trader Positioning, Technical Analysis – IGCS Update Gold 2-week drop at -5.3%, most since early July Retail traders keep increasing bullish exposure This continues to support a bearish contrarian bias Recommended by Daniel Dubrovsky Get Your Free Gold Forecast So far, over the past 2 weeks, gold prices have sunk about -5.3

British Pound Set for Worst Month Since August 2022 as Upside Exposure Builds

[ad_1] British Pound, GBP/USD, Technical Analysis, Retail Trader Positioning – IGCS Update British Pound set for worst month since August 2022? Retail traders’ bullish exposure relentlessly building Will the exchange rate bounce off near-term support? Recommended by Daniel Dubrovsky How to Trade GBP/USD At over -4 percent, the British Pound is on course for the