GBP Price Action Setups: GBP/USD, GBP/AUD, EUR/GBP

GBP loses ground against the Greenback but remains firm against the Euro and Aussie Dollar. Where to next for GBP pairs?

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​​ FTSE 100, DAX 40 and Hang Seng Drop on Worse-Than-Expected China PMI Data

​​Outlook on FTSE 100, DAX 40 and Hang Seng as another negative China growth surprise weighs on sentiment.

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USD/CAD Price Forecast: Loonie Struggles as Crude Oil Tumbles

CAD remains under pressure from the USD and lower crude oil prices as markets look ahead to Canadian GDP and Fed speak for guidance.

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Asian Indices Slide After China Data: Hong Kong HSI, Australia ASX, Singapore STI Price Action

Asian indices have fallen sharply after China’s manufacturing activity contracted faster than expected in May – another sign that China’s post-Covid recovery is losing momentum. What is the outlook on the Hang Seng, ASX 200, and the FTSE Straits Times Index?

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Japanese Yen Slides Despite Intervention Warning as US Dollar Steadies

The Japanese Yen held its ground today after the US Dollar reasserted itself with expectations for the debt ceiling to be approved today. Where to for USD/JPY?

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Gold Price Forecast: 100-Day MA Provides Support as Gold Eyes Recovery

Spot Gold continues to struggle for a meaningful recovery as the Dollar Index (DXY) began the day on the front foot. Will the DXY continue to hamper golds recovery?

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FTSE 100 Lower, Dax Moves Higher While Dow Looks to Edge Up Following Reports of Debt Ceiling Deal​​​​

​Indices were given a boost on Friday by news of a debt ceiling deal in principle, though some of that optimism has ebbed away over the long weekend.

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GBP/USD Price Forecast: Pound Faces Uphill Battle Despite Debt Ceiling Optimism

GBP/USD has not been able to reverse recent losses while fundamental and technical analysis may suggest further hardship for the pound.

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Bitcoin & Ethereum Week Ahead: Upside Capped For Now?

Developments on higher timeframe charts suggest the recent rebound is not a sign of the resumption of the multi-week uptrend. Indeed, chances are that cryptocurrencies could be settling in a range in the interim.

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Crude Oil Dips as US Dollar Steadies with a Pending Debt Deal Vote. Where to for WTI?

The crude oil price gave up yesterday’s gain today while the US Dollar regained the ascendency in some pockets of the currency market as the debt deal faces an imminent vote.

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Ahead of Euro Area Inflation: EUR/USD, EUR/GBP, EUR/AUD Price Setups

The euro is beginning to look a bit oversold at least against the US dollar ahead of key Euro area inflation data, opening the door for a minor rebound. What is the outlook for EUR/USD, EUR/GBP, and EUR/AUD?

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EUR/USD, GBP/USD Eyeing Recovery on Low Liquidity Monday Following US Debt Deal

The Euro and Pound look to capitalize on potential dollar weakness following US debt deal. Low liquidity and the hawkish repricing of Fed Rate hike probabilities provide downside risk. Has the Dollar rally run its course?

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Crude Oil Looks to OPEC+ Meeting for Cues; Is Natural Gas Resuming its Downtrend?

Market sentiment received a boost after a weekend deal in Washington to raise the government’s debt ceiling. Will the gains sustain for crude oil and natural gas?

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US Dollar Poised After Debt Deal Break Through. Will the DXY Index Retreat?

The US Dollar ascendency could face some scrutiny this week after the US debt ceiling issues appear set to be resolved in the coming days. Will USD slide on a resolution?

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Japanese Yen After US Debt Deal: USD/JPY, EUR/JPY, GBP/JPY

The JPY is maintaining a weak bias against the USD following the sentiment boost after the US debt deal, just as expectations of another US Fed rate hike grow. Against its peers, however, the outlook differs.

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Gold Price Dented by US Dollar Rally with Higher Yields as Debt Ceiling Woes Recede

The gold price outlook appears to be tangled with the fortunes of the US Dollar as it continues to attract attention on rising Treasury yields and a possible debt ceiling resolution.

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Markets Week Ahead: Nasdaq 100, Dow Jones, US Dollar, Gold, Debt Ceiling, NFPs, AI Frenzy

An AI-fueled frenzy drove the Nasdaq Composite higher as the Dow Jones sank. In the background, solid economic data is feeling Fed rate hikes again, sinking gold and boosting the US Dollar. What is in store for markets ahead?

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Euro Weekly Forecast: EUR/USD Recovery Hinges on Debt Ceiling Deal

A big week ahead in terms of event risk as Euro eyes a recovery. Euro Area inflation likely to be overshadowed by a potential deal on the debt ceiling. Time for a EUR/USD retracement?

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EUR/USD Inches Up Despite Stronger US PCE Inflation Numbers

The Euro made some gains in European trading on Friday, but remains set for another week of losses against the US Dollar.

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US Dollar Perks Up While Gold Turns Lower Following Strong Core PCE Data

Gold prices turned lower and retraced session gains after U.S. PCE data showed that consumer spending and inflation grew more than expected in April, a sign that the Fed may be reluctant to hit the pause button.

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