Forex News

Cable eyes 1.3696 after reclaiming key moving averages, bulls defend 1.3500

GBP/USD confirms a major daily structural breakout, shifting the macro bias to "buy the dips" after reclaiming key moving averages. This analysis outlines the critical support/resistance levels (1.3500, 1.3696) and provides bullish/bearish scenarios as "Cable" consolidates near the 1.3600 hurdle.

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2026-04-16 07:48

GBP/JPY hovers around 215.50 following UK GDP data

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2026-04-16 06:59

EUR/GBP softens below 0.8700 on robust UK data

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2026-04-16 06:51

Aussie Leads as Risk Optimism Builds, Strong Jobs Push AUD/USD Toward 0.72 Break

Aussie strength is telling the story of markets today. The currency has emerged as the top performer, driven by a combination of improving global risk sentiment and robust domestic labor data, with AUD/USD rising to its highest level since late 2022 and approaching the key 0.72 resistance.

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2026-04-16 06:50

Societe Generale Euro to Dollar Forecast: EUR/USD "a Buy" in Coming Months

The Euro to Dollar (EUR/USD) exchange rate strengthened to 1.1798, with the pair pushing back towards the 1.18 level as optimism over easing geopolitical tensions supported risk appetite. Societe Generale notes that EUR/USD had previously rallied faster than relative rate differentials justified, driven by expectations that US policy would.

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2026-04-16 06:30

Pound to Dollar Price Forecast: GBP Flat as GDP Boost Meets Energy Risks

The Pound to Dollar (GBP/USD) exchange rate hovered near 1.3567 on Thursday, with Sterling holding firm after stronger-than-expected UK GDP data while the US Dollar stabilised. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.35675 (-0.05%)Euro to Dollar (EUR/USD): 1.17962 (-0.1%)Dollar to Japanese Yen (USD/JPY): 158.9295.

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2026-04-16 06:30

EUR/USD stands above 1.1800 amid hopes of new peace talks in Iran

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2026-04-16 06:28

USD/INR: RBI actions anchor range view – Commerzbank

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2026-04-16 06:12

Silver Price Forecast: XAG/USD approaches four-week high near $81 on Iran optimism

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2026-04-16 05:54

USD/INR ticks lower as Iran truce hopes batter US Dollar

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2026-04-16 05:38

EUR/USD and GBP/USD Continue to Strengthen Ahead of Data Releases

European currencies are maintaining an upward trajectory, having reached previously outlined levels amid sustained demand for the euro and the pound. The current advance is developing against a backdrop of gradually shifting market expectations and ongoing pressure on the US dollar.

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2026-04-16 05:32