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GBPUSD - GBPUSD in Focus Ahead of UK Growth, US Inflation News
Did the UK economy grow or shrink in the first quarter? A red-hot button for market sentiment is the fear of recession caused by high inflation ...
Pound Sterling Price News and Forecast: GBP/USD logs 22½-month low before bearish tone pause [Video]
GBPUSD is consolidating after its downward trajectory approached the June 2020 low of 1.2250. Nonetheless, the falling simple moving averages (SMAs) are endorsing the bearish bias that unfolded from ...
USD / CAD - Canadian Dollar Flirting with Support
The intraday EURUSD technicals are bearish below 1.0590. GBPUSD bounced in a 1.2306-1.2375 band. Traders are conflicted between expectations for higher UK rates and recession risks. USDJPY was on the ...
4Is The British Pound Sterling Chart A Good Recession Indicator?
The Oxford Dictionary defines a recession as a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive ...
GBP/USD Logs 22½-Month Low Before Bearish Tone Pauses
GBPUSD is consolidating after its downward trajectory approached the June 2020 low of 1.2250. Nonetheless, the falling simple moving averages (SMAs) are endorsing the bearish bias that unfolded from ...
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