Chart Art: GBP/JPY Major Pullback in the Works?
Guppy appears to be running out of steam, but the uptrend could stay intact. Are buyers ready to hop in at these correction levels?
Guppy appears to be running out of steam, but the uptrend could stay intact. Are buyers ready to hop in at these correction levels?
ECB’s Lagarde: Recent data points to some improvement in economic activity. !“#$%&‘()*+,–./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ^_`abcdefghijklmnopqrstuvwxyz{|}
ING’s economists describe United Kingdom (UK) public finances as strained by rising spending pressures and high debt interest, despite ongoing fiscal consolidation via frozen tax thresholds and falling gilt issuance. They warn that potential policy shifts under Prime Minister Burnham, including changes to fiscal rules or tax allowances, could unsettle investors and re-focus attention on UK fiscal risks into…
2026.07.23 2026.07.23 Pound Wobbles as Burnham’s Mixed Signals Rattle Markets. Forecast as of 23.07.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The new prime minister, Andy Burnham, has shown a tendency to change his position frequently, in stark contrast to his predecessor, Keir Starmer, who maintained a much more cautious public stance. This shift in political uncertainty could create additional pressure on the GBP/USD…
Gold seems to be busting out of its chart patterns to confirm trends while geopolitical tensions continue to escalate. Can it sustain momentum with these upcoming catalysts?
The technical chart is definitely looking ominous now as a firm break above $90 could easily light up the path towards $100 next. With the US continuing to launch strikes at Iran, we’re also seeing Iran step up attacks across the region and not just at US bases in the Gulf. The sporadic and spread out nature of Iran’s…
USD/CHF extends its gains for the fourth successive day, trading around 0.8150 during the European hours on Thursday. The pair appreciates as the US Dollar (USD) gains ground after recovering its daily losses amid rising geopolitical tensions between the United States (US)-and Iran. US Secretary of State Marco Rubio warned that military strikes against Iran could intensify as long…
2026.07.23 2026.07.23 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 23.07.2026 Roman Oneginhttps://www.litefinance.org/blog/authors/roman-onegin/ Dear readers, I’ve prepared a short-term forecast for Bitcoin, Ripple, and Ethereum based on Elliott Wave analysis. The article covers the following subjects: Major Takeaways BTCUSD: The price may decline in the fifth part of an impulse. Consider short positions with a Take Profit at a low…
A widely expected ECB decision could still spark sharp euro volatility as traders weigh fresh signals and shifting market conditions.
There are a couple of expiries to take note of on the day, as highlighted in bold below. The first ones are for EUR/USD, layered at the 1.1400 and 1.1450 levels. They don’t quite tie to any technical significance but once again could just act as bookends for price action in the session ahead. The dollar is a little…