GBP/USD has gone into a consolidation phase below 1.1900 in the European session on Friday with trading cation turning subdued ahead of key macroeconomic data releases from the US. The pair's technical outlook doesn't point to a possible recovery in the short term but a disappointing jobs report from the US could help it gain traction.
On Thursday, the monthly...
EUR/USD has been struggling to gain traction and moving sideways in a tight channel above 1.0500 eary Friday after having declined sharply on Thursday. The pair's near-term technical outlook points to a bearish tilt in the near term and additional losses could be witnessed in case 1.0500 support fails.
The data from the US revealed on Thursday that ADP Employment...
