On the downside, 1.0440 (Fibonacci 61.8% retracement level of the latest downtrend) aligns as a key pivot level. In case EUR/USD confirms this level as resistance, 1.0400 (100-period SMA, Fibonacci 50 ...
We asses why the GBP/USD exchange rate is rising as the US moves into a stagflation period characterized by high inflation ...
The release of January’s UK inflation data this morning has had little impact on the pound. Headline CPI accelerated to 3.0%, ...