GBP/USD Analysis Today 05/04: Downtrend Channel (Chart)
USD falls against major currencies after ISM Services PMI slowdown, sparking rate cut hopes. GBP/USD strengthens, testing 1.2670 resistance.
Source: dailyforex.com
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GBP/USD Analysis Today 03/04: Bears in Control (Chart)
GBP/USD falls to 1.2540, pressured by strong US data and a resilient dollar, signaling potential long-term downtrend and rate cut impacts.
Source: dailyforex.com
Gold Analysis Today 03/04: Nearing $2300 Per Ounce (Chart)
Gold hits $2288/oz, setting records amid geopolitical tensions and investor demand, defying strong dollar and rate hike expectations.
Source: dailyforex.com
Gold Analysis Today 02/04 Bullish Breakouts Continue (Chart)
Gold surges to a record $2,265, fueled by Fed rate cut expectations. April sees 8% increase, with focus on US job data and dollar dynamics for future trends.
Source: dailyforex.com
GBP/USD Analysis Today 02/04: Psychological Support (Chart)
GBP/USD dips to 1.25, reacting to cautious Fed and BoE outlooks. Eyes on US job data for further dollar direction amid predictions of BoE rate cuts.
Source: dailyforex.com