FxAnalysis

The GBP/USD has gone into this weekend near 1.33670, this after starting the week around 1.33100 and touching a momentary high about 1.34325 on Thursday.

WTI Crude Oil has gone into this weekend around the 57.145 price which is challenging lower prices seen in October of this year, the commodity provided bearish speculators with incremental movement downwards this past week.

Weekly review of USD, EUR, GBP, Bitcoin, and Nasdaq highlighting key technical levels for smarter trading decisions.

The Greenback retreated for the third consecutive week and remains well on track to end its second straight month of losses.

The US Dollar (USD) stayed on the back foot this week, extending the broad slide that’s been in place since late November. The Federal Reserve’s (Fed) much-anticipated rate decision delivered few surprises, though Powell did make one thing clear: further rate hikes are off the table.

The Pound Sterling (GBP) notched up a third straight week of gains, finally breaking through the 1.3400 mark. It’s been a steady climb, and one that says more about the other side of the pair than anything happening at home.