GBP/USD is gaining pace above the 1.2660 resistance. EUR/GBP declined steadily below the 0.8572 and 0.8566 support levels. Important Takeaways for GBP/USD and EUR/GBP Analysis Today The British Pound is attempting a fresh increase above 1.2660. There is a key bullish trend line forming with support near 1.2670 on the hourly chart of GBP/USD at […]
Dec 13, 2023
Can Fed Deliver This Year’s Santa Rally? Is UK at Risk of Recession?
We’re seeing some caution in the markets this week and that is particularly true today, with Europe trading broadly flat and US futures pointing to a similar start on Wall Street. The final Fed meeting of the year could also be the most eventful, with the central bank likely to acknowledge it’s done with tightening […]
The post Can Fed Deliver This Year’s Santa Rally? Is UK at Risk of Recession? appeared first on Action Forex.