GBP/USD Price Prediction: Approaches support at the 1.3450 confluence zone
GBP/USD approaches the lower boundary of 1.3450 within an ascending channel. The 14-day relative strength index is beneath 50, suggesting a bearish outlook. Immediate resistance is noted at the 50-day EMA at 1.3491. The GBP/USD pair experienced four consecutive days of gains, trading around 1.3460 during the early hours in Asia on Monday. A shift […]
Trump briefs press on DC plane crash: ‘Confluence of bad decisions’
President Donald Trump appoints an acting FAA commissioner in the wake of the deadly plane collision near Washington, D.C. … source
GBP/USD Price Forecast: Bears have the upper hand while below 1.3135 confluence – FXStreet
GBP/USD fell slightly at the start of the new week as the US dollar rose modestly. The fundamental backdrop supports the outlook for further declines. A slide to 1.2960 confluence support looks like a clear possibility. The GBP/USD pair has struggled to capitalize on its two-day-old recovery move from the 1.2975 area, a nearly two-month […]
Trump assassination attempt a ‘confluence’ of GOP rhetoric and ‘availability of assault rifles’: Dem lawmaker
Rep. Miki Sherrill (D-Jersey) said Monday that the second assassination attempt on former President Trump was a “confluence” of Republican “misinformation,” “fear-mongering” and the “total availability of assault rifles.” Sherrill spoke to CNN's Jim Acosta the day after Secret Service agents thwarted an assassination attempt at Trump International Golf Club, firing at the suspect who […]
Gold Price Forecast: Confluence Resistance Stifles Bulls, Focus Shifts to US PCE – DailyFX
Most read: USD looks to US PCE for clues to Fed path.Settings for EUR/USD, USD/CAD, USD/JPY Gold prices lost ground on Monday after last Friday’s strong performance, weighed down by rising U.S. Treasury yields, a situation that generally makes non-interest-bearing assets less attractive compared to bonds. In this context, XAU/USD closed near $2,030, just below […]