Analyzes

This currency pair is still held in a range by strong resistance, but a bullish breakout beyond the $1.3637 area may be about to happen

This currency pair is still held in a range by strong resistance, but a bullish breakout beyond the $1.1800 area may be on the way.

Gold is struggling to extend the previous week’s uptrend, holding close to the $4,700 level early Monday, as a new week begins, but fresh US-Iran tensions arise and erode investors’ confidence once again.  

The GBP/USD finished this past week showing it had the capability of sustaining a higher realm going into this weekend near the 1.36275 mark.

As the prospects of a peace deal between the USA and Iran seemed to rise again, risk assets and stocks rose last week, while energy prices took a hit. Find out if a turnaround might happen this week as we face another Trump war deadline due Thursday.

Futures prices for WTI Crude Oil finished near the $91.480 mark going into this weekend, this after touching lows near the $87.000 mark on Wednesday.