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The British pound has extended its gains for a third straight trading day. In the North American session, GBP/USD is trading at 1.2757, up 0.45% on the day. British UK Construction PMI accelerates in November The UK Construction sector rose to 55.2 in November, up from 54.3 in October and above the market estimate of…

EUR/USD is recovering losses from 1.1500. USD/JPY is correcting gains from 159.00 and might decline further if it stays below 158.30. Important Takeaways for EUR/USD and USD/JPY Analysis Today The Euro struggled to stay in a positive zone and declined below 1.1700 before finding support. There was a break above a connecting bearish trend line…

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The target for the anticipated corrective decline within the developing leading diagonal has been met. After reaching the lower boundary of the pattern, buyers are now attempting a rebound. It is expected that all will work out favorably and we will see the next upward wave; otherwise, the price may get stuck in a corrective……