Strong US jobs report shifts Fed rate cut expectations from 50 bps to 25 bps. Geopolitical tensions in the Middle East drive up oil prices and safe-haven assets. Upcoming US inflation data and RBNZ rate decision in focus for the week ahead. Oil prices surge on Middle East tensions, with key support and resistance levels […]
GBP/USD started a fresh increase above the 1.2900 zone. USD/CAD declined and now consolidates below the 1.4350 level. Important Takeaways for GBP/USD and USD/CAD Analysis Today The British Pound is eyeing more gains above the 1.2970 resistance. There is a key bearish trend line forming with resistance at 1.2935 on the hourly chart of GBP/USD […]
The post GBP/USD Eyes Fresh Gains While USD/CAD Dips appeared first on Action Forex.
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