The GBP/USD pair fell by 15 basis points on Friday, which is an insignificant change.
The GBP/USD pair fell by 15 basis points on Friday, which is an insignificant change.
The EUR/USD pair fell by 20 basis points on Friday, which cannot be considered a significant change.
The XAU/USD pair shows no signs of losing its bullish momentum despite being overbought.
USD/JPY: Tips for Beginner Traders on October 17th (U.S. Session)
GBP/USD: Tips for Beginner Traders on October 17th (U.S. Session)
EUR/USD: Tips for Beginner Traders on October 17th (U.S. Session)
Expectations of Fed rate cuts and the ongoing U.S. government shutdown continue to weigh on the dollar
The GBP/USD pair has been attracting buyers for the third consecutive day amid a general weakening of the US dollar.
In the short term, the euro is expected to continue its bearish cycle and could reach 1.15 and even return to 1.12.
Technical analysis of EUR/USD, GBP/USD USD/JPY, Gold, Oil and Bitcoin