Stock Market News
GBPUSD - Is This The Start of Long-Awaited Downswing?
On Tuesday, sellers performed a decisive raid on a crucial long-term support.
Market Outlook: Equities track lower after Wall St falls, UK hails ‘game-changer’ antibody test
Public Health England has approved an antibody test from Roche, which could mean easing lockdown restrictions sooner. A junior health minister described it as a ‘game changer’. We shall see – the ...
UK gross domestic product's drop was smaller than forecast. Will the GBPUSD continue rising?
We believe the bullish movement will continue after the price breaches above the upper bound of the Donchian channel at 1.2313. A level above this can be used as an entry point for placing a pending ...
USDCAD Sets Up To Strengthen Further
USDCAD faces risk of further upside as it looks to follow through higher on the back of 2 days gain.. Support comes in at the 1.4050 level where a break will aim at the 1.4000 level. Further down, ...
Will 1.22 Support in GBPUSD Prevent Further Declines?
The Pound is suffering with another negative start to the week against the USD, with the GBPUSD opening the week with two days of successive declines.
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