The combination of supports and a candlestick formation encouraged the bulls to fight.
Blogs
GBP/USD may struggle to extend gains through the upper 1.2700s/low 1.2800s – Scotiabank
The GBP/USD pair rebounds within the broader trading range.
United States Core Personal Consumption Expenditures – Price Index (YoY) below expectations (3%) in December: Actual (2.9%)
United States Core Personal Consumption Expenditures – Price Index (YoY) below expectations (3%) in December: Actual (2.9%)
United States Core Personal Consumption Expenditures – Price Index (MoM) meets forecasts (0.2%) in December
United States Core Personal Consumption Expenditures – Price Index (MoM) meets forecasts (0.2%) in December
United States Personal Consumption Expenditures – Price Index (YoY) in line with forecasts (2.6%) in December
United States Personal Consumption Expenditures – Price Index (YoY) in line with forecasts (2.6%) in December
United States Personal Consumption Expenditures – Price Index (MoM) in line with forecasts (0.2%) in December
United States Personal Consumption Expenditures – Price Index (MoM) in line with forecasts (0.2%) in December
Bank of England Preview – Topside Risk to EUR/GBP as BoE Removes Tightening Bias
<p><img width="516" height="334" src="https://www.actionforex.com/wp-content/uploads/2018/05/f-boe14.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" fetchpriority="high" /></p> <p>We expect the Bank of Engla
Fed Preview: Patience and Gradualism
<p><img width="508" height="337" src="https://www.actionforex.com/wp-content/uploads/2018/03/f-fed15.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p> <p>We expect the Fed to maintain its monetary policy unchange
Will Fed Push Back Against Imminent Rate Cuts?
<p><img width="612" height="389" src="https://www.actionforex.com/wp-content/uploads/2020/04/f-fed32.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" srcset="https://www.actionforex.com/wp-content/uploads/2020/04/f-fed32.jpg 612
Week Ahead – Fed and BoE Decisions, NFP Report, Eurozone GDP Incoming
<p><img width="612" height="408" src="https://www.actionforex.com/wp-content/uploads/2021/06/f-boe28.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" srcset="https://www.actionforex.com/wp-content/upload