technical

GBP/USD continues to stall near 1.32, with bearish momentum building as traders eye 1.30 and 1.2750 if downside pressure accelerates.

The AUD/USD pair finds some support ahead of the 200-day Simple Moving Average (SMA) during the European session and recovers modest intraday losses to a nearly two-week low, touched earlier this Tuesday.

EUR/USD started the week under bearish pressure and closed in negative territory on Monday. The pair stays in a consolidation phase at around 1.1600 in the European morning on Tuesday, as the souring risk mood helps the US Dollar (USD) hold its ground.

Bitcoin continued its sharp decline toward $91,900 as extreme fear, ETF outflows, and a bearish technical setup point to further losses toward $88,750.

GBP/USD holds near 1.3160 as inflation uncertainty and resistance at key levels point to a potential pullback toward 1.3010 in the short term.

EUR/USD turned lower toward 1.1585 as risk-off sentiment grows ahead of key Fed minutes and US jobs data, with bearish technical signals pointing to 1.1480 support.