GBP/USD has held higher amid a mix of UK economic resilience and softer US data. The Bank of England’s cautious stance and stable PMI readings support Sterling, while the Dollar faces volatility ahead of Fed rate expectations. Key levels to watch: support near 1.2660-1.2680 and resistance at 1.2750-1.2800. Traders remain cautiously optimistic. #GBPUSD #Forex #PoundSterling
The US ISM Manufacturing PMI, released monthly, signals manufacturing sector health—above 50 means expansion, below 50 contraction. When PMI data beats expectations, the USD often strengthens, putting downward pressure on EUR/USD. Conversely, weaker PMI readings can weaken the USD, lifting EUR/USD. Traders watch this indicator closely as it influences Federal Reserve policy outlook and thus global currency flows.
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USD/JPY dips after BOJ hints at policy tightening, sparking a strong Yen rally. But is this strength sustainable or a short-lived trap before a breakout retest? Markets weigh BOJ’s hawkish shift against Fed’s steady stance—watch key support and resistance levels closely. #Forex #USDJPY
EUR/USD turns bearish after failing to break above the critical 1.16 level. Strong US data and hawkish Fed policy contrast with sluggish eurozone growth and cautious ECB outlook. Technical resistance at 1.16 holds firm, triggering profit-taking and increased selling pressure. Traders now eye support near 1.1450 as the pair faces downward momentum amid shifting market sentiment. Analysis by The Tradable Team.
GBP/USD enters December 2025 trading within a range of 1.2300–1.2700 amid cautious BoE and Fed stances. BoE’s hints at potential 2026 rate cuts contrast with steady US rates and robust economic data supporting the dollar. Watch key support at 1.2300 and resistance near 1.2700 for breakout signals.
U.S. President Donald Trump has confirmed a phone call with Venezuela’s Nicolás Maduro, signaling a potential shift in U.S. policy after years of sanctions and opposition support. This move may open the door for dialogue, sanctions relief, and efforts toward political and economic reforms in Venezuela. A notable turning point in challenging U.S.-Venezuelan relations.
AUD/USD remains flat near 0.6550 as traders await the US ISM Manufacturing PMI release. Market caution prevails amid mixed US economic data and uncertainty over the Federal Reserve’s next moves. Technical resistance stands at 0.6580–0.6600, with support near 0.6530 and 0.6500.
USD/JPY dips below 149.00 as the Japanese Yen strengthens on rising bets for a Bank of Japan rate hike in December. Key supports at 148.30 and 147.80 now in focus amid weakening USD and risk sentiments. Bulls need a break above 150.50 to regain control. Analysis by InvestingLive.com. #Forex #USDJPY #BoJ
Morgan Stanley has raised its gold price forecast to $4,500 per ounce by mid-2026, citing factors such as shifting central bank policies, persistent inflation, geopolitical uncertainty, and rising demand from global institutions. The bank expects these combined forces to drive a powerful bull market in gold over the coming years.
