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Tag: GBPUSD

Major Banks Miss Earnings: Why It Matters to Forex Traders

Banks are the largest players in the Forex sphere, so it’s logical that issues among banks could have repercussions among currencies. Generally, forex traders...

Draghi Resigns Whilst ECB Raises Rates!

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

GBPUSD Double Zigzag To End Near 1.143

The GBPUSD structure suggests the formation of a global corrective triple zigzag w-x-y-x-z. On the 1H timeframe, we see the final actionary wave z...

The Week Ahead – Euro weighed by risk aversion and rate differential

EURUSD sinks over recession risk The euro hit a new two-decade low against the US dollar as the eurozone faces a greater risk of recession....

What Can Come of US Lifting (Some) Tariffs on China?

US President Biden is holding a meeting today to discuss a plan to lift tariffs imposed on certain goods imported from China. Although it’s...

US June NFP and Recession Worries

This time around, NFP could rock the markets. Not so much because of monetary policy implications, but what they could say about the underlying...

Market Update – July 7 – Fed focused on Inflation, USD bid, Stocks flat, Gold tumbles

USD moved down from new to 20-year highs at 107.00 but remains in demand (USDIndex 106.64),...

Intraday Market Analysis – GBP sees greater volatility

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

Market Update – July 6 – Dollar Dominates on Global Recession Fears

USD moves to 20-year highs (USDIndex 106.34), US...

Intraday Market Analysis – USD Consolidates

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

Global July PMIs and Potential Market Reaction

With the supply chain issues and rising raw materials costs, we can expect a lot of attention on the latest PMI figures from around...

EURUSD Dips Below 1.05 as Recession Looms!

Orbex Group Limited is the holding company of Orbex Global Limited, Orbex Limited is an affiliate with Orbex Global Limited. Orbex Global Limited is...

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