Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD extends gains above 1.2500
Earlier this morning an update here noted; that the GBP/USD was testing the 1.2500 handle. Well, since then it has advanced further above that level and close to 1.2525 a short while ago. In that previous update, it was noted that the Pound had peaked back on April 12, at 1.2559. What was not mentioned in that update, was the fact that coincidentally (or not) that price point is also where the 200 day moving average now resides today. That makes 1.2559 a price point of even more importance, should the current rise come closer to it. There is now guarantee that it will, but make no mistake this is now the next big test for the Pound today. The GBP/USD is currently trading at 1.2521
Market News
All News-
USD/JPY rises towards 144 after US consumer sentiment revised higher
The final revision to the University of Michigan consumer sentiment index has actually seen all the readings revised a bit higher. Well quite a bit...
-
US stocks turn lower as US data awaits - Dow Jones leads the way
Any minute now the latest US university of Michigan consumer sentiment index will be released but this is the final reading so it might not have much...
-
Bitcoin has a look at 95k this afternoon
Not that long ago Bitcoin managed to take out all the highs seen yesterday and earlier today and led it to press just above the 95k handle for the...
