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GBP Testing Support

Negative trading dominated the pound’s movements against the US dollar, but the support levels published in previous analysis, located at 1.3320, managed to limit the bearish bias. Technically, today we find the price is still stable above the aforementioned support, and we find Stochastic trying to get rid of the …

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Gold Rises for Second Day in Row

Gold prices rose for the second consecutive session, supported by positive news about a new stimulus package in the United States. Gold futures for February delivery gained $11.30, or 0.6%, and closed at $1,830.20 per ounce. The back-to-back gains come after a strong correction wave for the yellow metal, and …

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