Gold – 31.10.2025 – Orbex Forex Trading Blog

GBP/USD’s fall from 1.3787 resumed to 1.3140 last week but rebounded after hitting 38.2% retracement of 1.2099 to 1.3787 at 1.3142. Initial bias remains neutral this week first. On the upside, sustained break of 1.3363 support turned resistance will indicate that the fall has completed as a three-wave correction. Further rally should then be seen…

For the third Monday in a row, trading in the oil market has opened with a bullish gap, although this time it is not as wide as the gap seen, for example, on 9 March. The reason for the volatility is clear — the ongoing military conflict in the Middle East, with no visible signs…

By RoboForex Analytical Department Gold on Friday was at 4800 USD per troy ounce. It remains in a vulnerable position after declining 3.8% the day before and is moving towards its second consecutive weekly drawdown. This comes amid high selling pressure. The correction follows a series of updates to historic highs in January. The rise…

UK officials are hopeful the US will begin lifting tariffs on British cars as soon as this week after the British trade secretary meets his US counterpart in London. Jonathan Reynolds is due to meet Howard Lutnick, the US commerce secretary, on Tuesday evening to discuss the deal to lower US tariffs on cars, steel…