GBPUSD making a wedge pattern

GBPUSD was down on Tuesday after testing the high level of 1.2798 in the last trading session as The British pound rose to $1.28, near a four-week high, as investors awaited key economic data and central bank meetings. UK data, due next Friday, is expected to show a rebound in the economy and a recovery in manufacturing for October. The Bank of England is anticipated to keep interest rates unchanged at its December 19 meeting.

Recent News

EUR/USD stays pressured toward 1.0800 am...

March 21, 2025

Market Insights

Gold trading near ATH, Bulls are waiting...

October 29, 2024

Market Insights

Gold Hits Record High Above $3,000 Bull...

March 20, 2025

Market Insights

DOW JONES bounces back from daily suppor...

February 27, 2025

Market Insights

NASDAQ making bearish Flag

February 20, 2025

Market Insights

Gold lose ground in early US Session, No...

October 23, 2024

Market Insights

Maddy

Cross-Asset Analyst & Trainer

Varun Sharma

Senior Strategist

VJ Yadav

FX Strategist

Bot Window | Bot Window