What’s Happening With Sterling (pound)? – Orbex Forex Trading Blog

The GBPUSD price rallied upwards yesterday to touch 1.3429 level, noticing that the price finds solid resistance there, to show some temporary bearish bias, waiting to resume the positive trades to breach the mentioned level and open the way to visit 1.3500$ that represents our next main target. The EMA50 supports the continuation of the……

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your initial investment; do not…

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $57.10 during the early Asian trading hours on Monday. The WTI price edges higher amid prospects for improved Chinese demand. Traders brace for the release of the American Petroleum Institute (API) crude oil stockpiles report on Tuesday for fresh impetus. Bloomberg reported on Sunday that…

DLF continues its bullish trajectory as it progresses through the last stages of a multi-year Elliott Wave impulse, with higher highs still expected in the coming months. DLF Ltd (NSE: DLF) continues to show strong bullish momentum. The stock appears to be unfolding the final leg of a long-term Elliott Wave impulse. Based on the…