British Pound: GBP/USD (GBP=X) Medium-Term Outlook Remains Bullish

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3275 British Pound Outlook The dollar rebound kicking in is a drag on GBP/USD near term. It is interesting to see that sterling has held up relatively well in the past couple of sessions (at least compared to the euro). Subsequently, the technical outlook on GBP/USD looks…

Australian Dollar: AUD/USD (AUD=X) Wait For The Bearish Divergence To Be Reversed

$AUD #Australian #Dollar #USD #FX #Currencies #Trading #Markets Australian DollarTicker: AUD=Price: 0.7314 AUD/US Dollar Exchange Rate Today’s Forex Rates AUD/US Dollar FX Polls Economic Events Technical Indicators Overall, the bias in prices is: Upwards. By the way, prices are vulnerable to a correction towards 0.70. The projected upper bound is: 0.74. The projected lower bound…

Thailand Baht: USD/THB (THB) Declines After The Nation’s Finance Minister Unexpectedly Quit

$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 31.18 Outlook The Thai baht declined after the nation’s finance minister unexpectedly quit less than a month into the job, injecting uncertainty into an economy devastated by the coronavirus pandemic. The currency declined as much as 0.8%, the most since July, to 31.301 against…

British Pound: GBP/USD (GBP=X) UK Manufacturing shows strong expansion

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3380 British Pound Outlook The British manufacturing sector continues to gain steam. The Manufacturing PMI has accelerated for four successive months, rising to 55.2 in August, up from 53.3. This points to significant expansion. There was other positive news out of the UK on Tuesday.…

Thailand Baht: USD/THB (THB) Would Benefit From a Weaker Currency but Markets Still View The Baht as a Safe Haven

$THB #Thailand #Baht #USD #Currencies #FX #Trading #Markets Thailand BahtTicker: THB=Price: 30.95 Outlook When new Bank of Thailand (BoT) Governor Sethaput Suthiwart-Narueput assumes his post on October 1, one of his first crucial challenges will be how to deal with the kingdom’s strong currency, the baht. In 2019, the baht appreciated 9% against the dollar,…

British Pound: GBP/USD (GBP=X) Possible Rally Towards The 1.3500

$GBP #BritishPound #USD #FX #Currencies #Trading #Markets British PoundTicker: GBP=Price: $1.3406 British Pound Outlook GBP to USD analysis shows that the pair has staged a major technical breakout, and may start to rally towards the 1.3500 resistance area. GBP/US Dollar Exchange Rate Today’s Forex Rates GBP/US Dollar FX Polls Economic Events Technical Indicators Overall, the…