Forex Signals for Wednesday 24th May 2022

Forex Signals for Wednesday 24th May 2022 . We will not be responsible for any losses incurred.  Want to start trading. Click the banner below.  Caution!!!! Between 74-89% of retail investor accounts lose money when trading CFDs”. … Buy Gold at 1855 Take profit at 1865 Stop loss at 1845 …… Get 100% bonus. DepositContinue reading “Forex Signals for Wednesday 24th May 2022”

GBP/USD running higher as US dollar slides to test day’s lows.

GBP/USD bulls step up the pace in the hint for the 1.3160s. The US dollar bleeds as the focus remains on a breakthrough in peace talks Russia/ Ukraine.GBP/USD is trading around 1.3110 and near the highs of the day as the US dollar slides. Sterling underperformed, returning to around 1.3100, net flat overnight, although theContinue reading “GBP/USD running higher as US dollar slides to test day’s lows.”

GBP/USD retreats from daily highs to 1.3520s amid a risk-off market mood

The British pound begins the week on the wrong foot, spurred by geopolitical jitters and Brexit.The market mood is downbeat as Ukraine-Russian tensions keep arising. Odds of the BoE’s hiking 50 bps are at 50%, per money market futures. Money market futures have priced in 100 bps of rate hikes of the Federal Reserve.The GBP/USDContinue reading “GBP/USD retreats from daily highs to 1.3520s amid a risk-off market mood”

GBP/USD reverses post-BoE gains to two-week high, offered around 1.3570 ahead of NFP.

GBP/USD witnessed some selling on Friday and snapped five days of the winning streak.A more hawkish BoE decision should act as a tailwind for sterling and limit the downside.Investors also seemed reluctant to place aggressive bets ahead of the key US jobs data.The GBP/USD pair remained on the defensive through the first half of theContinue reading “GBP/USD reverses post-BoE gains to two-week high, offered around 1.3570 ahead of NFP.”