Dollar gains after Fed meeting; sterling fails to gain from trade deal talk

Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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Dollar gains after Fed meeting; sterling fails to gain from trade deal talk
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GBP/USD lost downside momentum last week, as seen in 4H MACD, even though fall from 1.3433 short term top extended lower. Initial bias stays neutral this week first. Strong support should be seen from 1.3000 cluster support (38.2% retracement of 1.2298 to 1.3433 at 1.2999) to contained downside. Above 1.3174 minor resistance will turn bias…
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The US Securities and Exchange Commission (SEC) is holding a closed-door meeting today (Thursday). The meeting will include discussions on litigation claims, settlements, enforcement actions, and administrative proceedings. Meanwhile, XRPUSD has been consolidating within a channel on the H1 chart, awaiting a breakout to determine its next direction. The SEC’s lawsuit against Ripple Labs is…
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The STOCH in MA MT4 Indicator is a hybrid tool that combines the Stochastic Oscillator with a Moving Average line. Stochastic shows when the market is overbought or oversold, while Moving Averages help spot the overall trend. When these two are used together, traders get both a sense of direction and momentum. This combo can…