This article delves into GBP/USD and GBP/JPY through a technical lens, dissecting pivotal support and resistance levels that warrant close observation during the upcoming trading sessions.
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This article delves into GBP/USD and GBP/JPY through a technical lens, dissecting pivotal support and resistance levels that warrant close observation during the upcoming trading sessions.
from DailyFX – Market News https://ift.tt/TimAyXw
via IFTTT
Gold rises on Monday, consolidating above its 200-day moving average, but gains are limited as traders take a cautious stance ahead of key U.S. jobs data later this week.
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The Yen enjoyed a brief moment of strength in the Asian session, largely on the back of Dollar weakness. USD/JPY continues to hover around 146.50 resistance as bears lack conviction.
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ZAR prices begin the week on the backfoot as consequences from both the BRICS summit & Jackson Hole keep the rand suppressed.
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EURO Bulls look poised to make a move on this low liquidity Monday with the UK on a bank holiday. A fresh bout of stimulus from China helps sentiment and the Euro advances in early trade.
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