Key Highlights GBP/USD declined heavily below the 1.2650 support. It traded below a key contracting triangle with support at 1.2660 on the 4-hour chart. EUR/USD could attempt a recovery wave toward the 1.0820 resistance zone. The UK Construction PMI could increase from 46.8 to 47.3 in Jan 2023. GBP/USD Technical Analysis The British Pound started […]
Apr 05, 2024
Sunset Market Commentary
Markets Today’s countdown towards the March payrolls fortunately wasn’t in vain. Job gains printed at a stellar 303k, surging past the 214k consensus, the 232k whisper number and the 290k high-end of analyst estimates. The two-month revision brought an additional 22k jobs. Gains were broad-based but sectors showing the biggest rise include health & social […]
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