GBP/USD sticks to the bearish tone on Thursday, coming down to the 1.3480 region in the latter part of the NA session. In the meantime, Cable’s weakness comes as investors continue to assess mixed UK data, poor US results, and the persistent uncertainty surrounding the US-Iran conflict.
2026.08.13 2026.08.13 Short-Term Analysis for BTCUSD, XRPUSD, and ETHUSD for 13.08.2026 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 is expected to rise in the final part of correction 4. Consider long positions with a Take Profit…
The UK economy grew 0.4% in the second quarter of 2026, matching what economists expected. June alone jumped 0.3%, beating forecasts for zero growth, thanks to World Cup fever and a summer heatwave. Both effects likely faded fast. The quarter wrapped up before the ceasefire between the US and Iran collapsed and fighting over the Strait of Hormuz picked…
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AUD/USD is trading little changed on Thursday, shrinking near the 0.7050s below the multi-week high reached on Wednesday near 0.7091. The pair holds its ground after US data pointed to cooling price pressure, keeping the US Dollar (USD) stagnant. The US Producer Price Index (PPI) was flat on the month in July, coming in below expectations, while the annual…
2026.08.13 2026.08.13 Greenback Shrugs Off Inflation Data. Forecast as of 13.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ It would seem that a slowdown in inflation—and the resulting decline in the likelihood of Fed tightening—combined with falling Treasury yields and a rally in the S&P 500, should have sent the greenback tumbling. Yet that has not happened. Why? Let’s take a closer look and…
Markets got the July U.S. inflation report they wanted on Wednesday, with the Consumer Price Index landing in line with forecasts and pulling the annual rate down to its slowest pace in two months. Stocks pushed to within striking distance of a fresh record and the dollar clawed back an early session loss to close higher against every major…
The USDCAD moved lower yesterday, with sellers able to push the pair below its 100-day moving average, currently at 1.39186. That break gave sellers an opportunity to take greater control from a longer-term technical perspective. However, the downside momentum could not be sustained. The price quickly snapped back higher and moved into the close toward its falling 100-hour moving…
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2026.08.13 2026.08.13 Pound Faces Downside Risk as UK Growth Tailwinds Disappear. Forecast as of 13.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ The de-escalation of the conflict in the Middle East and the World Cup helped the UK economy shine in the second quarter. However, these temporary tailwinds have faded. Let’s explore the outlook and develop a trading plan for the GBP/USD. The article covers…
