| Updated: 
The GBP/USD is trading with a bullish bias at 1.3173 level and holding right below the triple top resistance level of 1.3175 level. A weaker dollar and firmer Sterling is driving the movement of Cable. What happens when the GBP/USD pair violates 1.3175 level? Let’s find out in an analysis video.
TradingPedia.com is a financial media specialized in providing daily news and education covering Forex, equities and commodities. Our academies for traders cover Forex, Price Action and Social Trading.
Forex Market: GBP/USD hits a fresh one-month low as market caution, Fed taper signal expectations support US Dollar GBP/USD retreated for a third straight trading day on Monday, while touching a fresh one-month low, as the US Dollar remained firm on investor expectations of the Federal Reserve moving a step closer towards asset purchase tapering this […]
Starbucks shares fall the most since late July 2017 on Wednesday following a subdued sales forecast for the US, China Shares of Starbucks Corporation (SBUX) registered their worst daily performance in eleven months on Wednesday, after the US company released a subdued forecast regarding sales in its home market as well as in its second-largest market - […]
Kohl’s shares close lower on Tuesday, 9 directors nominated to Kohl’s board by a group of activist investors A group of activist investors holding a combined stake of 9.5% in Kohl’s Corp (KSS) said earlier this week that it had nominated 9 directors to the department store chain’s board, as it aims to improve profitability.The group, which […]
Amazon faces EUR 10 million fine in Italy Italy's antitrust authority has imposed a fine of as much as 10 million euros on two subsidiaries of Amazon in relation with alleged unfair commercial practices.The US company "significantly restricted consumers' freedom of choice" by […]
Forex Market: EUR/GBP daily trading forecast Yesterday’s trade saw EUR/GBP within the range of 0.7406-0.7448. The daily low has also been the lowest level since January 26th, when a low of 0.7402 was recorded. The pair closed at 0.7421, losing 0.28% on a daily basis.At 7:38 GMT today […]
Gold trading outlook: futures drop as yuan depreciation lifts dollar Gold fell on Tuesday after its biggest daily gain in almost two months as China devalued its currency to boost economic activity following recent downbeat data, driving a rally in the dollar and curbing demand for bullion.Gold for delivery […]