GBPUSD bull run: Can the pair smash through 1.3565?

GBPUSD extends rally above 61.8% Fib! Overbought RSI & Stochastic signal strong upside targeting 1.3565 & 1.3675. Key support to watch: 1.3450.
XM Group | 1 jam 14 menit yang lalu

Overview: GBPUSD has staged an aggressive rally over the past six sessions following a strong rebound from the 1.3270 support level. The pair successfully cleared the 61.8% Fibonacci retracement of the decline from 1.3675 to 1.3140, reinforcing upside bias.

Momentum: Technical oscillators reflect solid bullish momentum, with the RSI nearing overbought territory and the stochastic oscillator holding firm above 80.

Bullish Scenario: Sustained upside from current market levels could push price toward the 1.3565 resistance ahead of the August 21 peak at 1.3675.

Risk: A break below the 1.3450 support level could derail the rally and trigger a pullback.

XM Group
Tipe: Market Maker
Regulasi: FSA (Seychelles), FSC (British Virgin Islands), CySEC (Cyprus), FSC (Belize), DFSA (UAE), FSCA (South Africa), FSC (Mauritius), CMA (Kenya)
baca selengkapnya
Democrats' Midterm Victory Sends Dollar and Oil Lower

Democrats' Midterm Victory Sends Dollar and Oil Lower

🗳️ Democrats win both chambers — DXY slips to 101.41, euro rises to $1.1241. Brent falls a 4th session to $93.65 after an 8%+ drop, lowest since Aug 31. Gold back above $4,000. December Fed hike odds at 81.2%. BoE expected to hike to 4% today, first rise since 2023. NFP due Friday.
CPT Markets | 1 jam 47 menit yang lalu
US Midterms: Early Democratic Senate Wins Sink Dollar and Drag Futures Lower

US Midterms: Early Democratic Senate Wins Sink Dollar and Drag Futures Lower

Markets are awaiting the outcome of the race to control Congress. The result could reshape government spending plans and regulations for technology and crypto companies. Several key races remain undecided, so stocks, bonds and currencies may swing as results come in. After the Democratic Party won early Senate races, the U.S. dollar weakened across the board in early Asian trading. U.S. stock inde
ATFX | 23 jam 24 menit yang lalu
Gold, GBPUSD, AUDUSD

Gold, GBPUSD, AUDUSD

• US midterms and NFP to spark gold volatility • Pound awaits BoE rate decision and forward guidance • Aussie remains muted ahead of expected RBA rate hike
XM Group | 2 hari yang lalu
Fed Holds Rates; PCE and ECB Take Center Stage

Fed Holds Rates; PCE and ECB Take Center Stage

With the Fed decision complete, attention turns to today’s U.S. PCE inflation, third-quarter GDP and ECB announcement, followed by the BoJ tomorrow. The Fed’s two dissenters favored a hike, but the committee made no commitment on December. Mixed Microsoft and Alphabet results add an earnings test for technology shares.
ATFX | 7 hari yang lalu