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Technical Analysis

GBPUSD breaks lower. Falls below support at 1.2938 and tumbles to midpoint/swing area

GBPUSD

GBPUSD breaks lower. Falls below support at 1.2938 and tumbles to midpoint/swing area

  • The GBPUSD tests the 50% midpoint of the move up from the April low and swing area down to 1.28449
Greg Michalowski
Greg Michalowski
Thursday, 31/10/2024 | 15:25 GMT
31/10/2024 | 15:25 GMT
News

UK bond blow up: A preview of things to come in the US?

UK bond blow up: A preview of things to come in the US?

  • Pound under pressure
Adam Button
Adam Button
Thursday, 31/10/2024 | 14:03 GMT
31/10/2024 | 14:03 GMT
News

UK gilt yields rise to the highest since 2023

UK gilt yields rise to the highest since 2023

  • 10-year yields up 12 bps to 4.47%
Adam Button
Adam Button
Thursday, 31/10/2024 | 13:37 GMT
31/10/2024 | 13:37 GMT
Technical Analysis

GBPUSD Technical Analysis – The US Dollar momentum looks exhausted

GBPUSD

GBPUSD Technical Analysis – The US Dollar momentum looks exhausted

  • The GBPUSD pair is consolidating just above a major trendline as the bullish momentum in the US Dollar waned. What’s next?
Giuseppe Dellamotta
Giuseppe Dellamotta
Thursday, 31/10/2024 | 10:54 GMT
31/10/2024 | 10:54 GMT
News

UK finance minister Reeves says government has more plans to bolster economic growth

UK finance minister Reeves says government has more plans to bolster economic growth

  • She adds that "I am not going to come back in the spring for more money"
Justin Low
Justin Low
Thursday, 31/10/2024 | 07:16 GMT
31/10/2024 | 07:16 GMT
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