| Updated: November 9, 2023
The GBP/USD is trading dramatically bearish at 1.3108 level, having violated the upward trendline support level of 1.3135 level. The formation of three black crows pattern confirms solid bearish sentiment for the GBP/USD pair. Checkout GBP/USD price forecast video analysis for more information.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
US dollar extended its advance against the Japanese yen, sentiment influenced by FED comments US dollar advanced further against the Japanese yen on Friday, as risk aversion among investors boosted demand for the greenback. Additionally, market sentiment was still feeling the influence, caused by FED statement on Wednesday.USD/JPY […]
Commodities trading outlook: crude oil and natural gas futures WTI and Brent futures continued to climb during afternoon trade in Europe today. Traders seemed to have disregarded alarming data from China and continued to bet bullish. Meanwhile, natural gas futures dropped into the negative, after trading […]
GBP/USD tumbled on disappointing manufacturing data British pound lost positions sharply against the US dollar on Tuesday, following the official report, regarding manufacturing production, which stated the largest drop in four months in May.GBP/USD tumbled to a session low at 1.4831 at […]
Aristocrat Group appoints new Chief Financial Officer Aristocrat Group said last week that it had appointed Mark Corwin as its next Chief Financial Officer.Corwin will take responsibility for Aristocrat Group’s financial stewardship and associated activities, including capital allocation, […]
Forex Market: AUD/USD hits a two-week high as risk sentiment improves, RBA Minutes reveal no indication of further rate cuts AUD/USD extended gains from the prior trading day and touched highs not seen in almost two weeks on Tuesday, after the Minutes from Reserve Bank of Australia's policy meeting in September provided no indication of further cuts in record […]
Forex Market: USD/JPY daily trading forecast Yesterday’s trade saw USD/JPY within the range of 123.68-124.50. The pair closed at 123.81, down 0.48% on a daily basis, or the first loss in the past three trading days. The daily rate of decrease has been the sharpest one since August 12th, […]