GBP/USD Weekly Forecast: Pound Sterling braces for more pain, as 200-day SMA tested
The Pound Sterling (GBP) crashed to its lowest level in a month against the US Dollar (USD), as critical support levels were breached in a data-packed week.

The Pound Sterling (GBP) crashed to its lowest level in a month against the US Dollar (USD), as critical support levels were breached in a data-packed week.
Gold (XAU/USD) struggled to make a decisive move in either direction this week as it quickly recovered above $5,000 after posting losses on Monday and Tuesday.
The US dollar has been all over the place against the Canadian dollar during trading on Thursday, but still remains in the same range we have been in.
The US dollar has rallied a bit during the early part of the trading session on Thursday as traders are looking forward to the PCE Price Index announcement on Friday.
The New Zealand dollar has rallied slightly against the Swiss franc on Thursday, as we continue to see a lot of questions asked about the risk appetite of the overall market.
Bitcoin tried to rally a bit during the early hours on Thursday, but at this point in time, the market simply doesn’t have any real reason to get going.