Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD holding rebound above 1.26 so far today
The noted slide back in the GBP/USD did see it come pretty close to a test of its 200 day moving average yesterday. That was in place then at 1.2565 and is unchanged today. The low seen yesterday afternoon was set at 1.2572, as covered in an update here at the time. The pound later rebounded into and after the 4pm London fix and later closed in the US at 1.2617. It has gained a little more so far today, rising from a session low at 1.2612, to 1.2630 a moment ago. Technical support remains in place at 1.2565 and resistance is in place right now at 1.2676, should this rebound extend further. The GBP/USD is currently trading at 1.2627
Market News
All News-
Bitcoin lifts above 84k as it continues to track tech and risk
As the US equity markets push higher again that has now seen the Nasdaq 100 lift above 19,600. Well, no surprise to see that this move has been... -
As expected Gold backs off from new all time high above $3000
As covered here earlier today, spot Gold rose above $3000 per ounce for the first time ever. Subsequent to the update covering that move, the metal... -
Dow Jones drops back after University of Michigan consumer sentiment index falls
The latest reading of the University of Michigan consumer confidence has just been released and it has missed badly on expectations. At the same time...
