Late July and early August are packed with significant macroeconomic events. This week has already seen rate decisions from the Bank of Japan and the Federal Reserve, with the Bank of England meeting today and the U.S. monthly labour market report due tomorrow. As the U.S. regulator left the rate unchanged at 5.50% yesterday, market […]
GBPUSD reversed from support level 1.2535 Likely to rise to resistance level 1.2700 GBPUSD currency pair recently reversed up from the key support level 1.2535, which has been steadily reversing the price from the start of December. The support level 1.2535, was strengthened by the lower daily Bollinger Band and by the 50% Fibonacci correction […]
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