XAU/USD PRICE FORECAST: Gold (XAU/USD) Bulls Remain Cautious Following Sticky US CPI. Retest of Recent Lows Grow More Appealing. The Technicals on Gold Remain Conflicted. A Golden Cross Pattern Printed in the Asian Session and a Death Cross Pattern Forming Just Another Sign of the Current Indecision at Play. IG Client Sentiment Shows that Retail
GBP/USD Price, Chart, and Analysis GBP/USD rose and stayed up after the latest official UK consumer price numbers Headline CPI is decelerating but remains hugely above target The prospect of higher rates next month remains Recommended by David Cottle How to Trade GBP/USD The British Pound rose against the United States Dollar on Wednesday as
POUND STERLING ANALYSIS & TALKING POINTS Elevated inflation combined with higher average earnings making things tough for BoE. 25bps hike in September an almost certainty! Descending triangle keeps bears hungry. Recommended by Warren Venketas Get Your Free GBP Forecast UK’s Chancellor Hunt post-announcement: “While price rises are slowing, we’re not at the finish line.” GBP