In this technical blog, we will look at the past performance of the Daily Elliott Wave Charts of GBPUSD. In which, the rally from 13 January 2025 low is unfolded as impulse sequence & showed a higher high sequence therefore, called for an extension higher to take place.
USD/CNH approaches 7.00 despite weak Chinese data – ING
Today the EUR/NZD rate touched the 2.4000 level — the highest reading since late November — but then saw a fairly sharp pullback. Fundamentally, the heightened volatility is driven by a combination of factors.
Silver price today: Silver falls, according to FXStreet data
USD/CNH breaks lower as downtrend accelerates – Société Générale
USD/CNH stays heavy despite weak China data – OCBC
EUR/USD holds gains ahead of Eurozone business activity figures
DXY remains under pressure near 98.30 as markets price slower US growth, weaker NFP, and cautious Fed policy, lifting GBP/USD and EUR/USD trends.
Gold dropped as prices trade inside the trading zone between support 4255-65 and resistance 4350-65. Below 4255 more of a drop could hit the market with supports at 4205 and 4160-70.
GBP/JPY rebounds from over one-week low, back above 207.00 after UK jobs data
EUR/GBP trims gains below 0.8800 after UK labor market report
USDJPY met the target of 154.90 and managed to hit a few pips below it. As we see over the chart, as long as the market remains above 154.45, another rebound toward 156.15 and higher could hit the market.
GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.
Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward 1.1820.
AUD/USD Price Forecast: Recovers a few pips from 0.6620-0.6615 resistance-turned-support
USD/CHF trades calmly near 0.7960 in countdown to US NFP
Pound Sterling Price News and Forecast: GBP/USD trades in red ahead of the UK labor market data
The cycle in Silver (XAGUSD) from the October 28, 2025 low remains in progress as a clear five‑wave impulse Elliott Wave sequence. From that low, wave 1 advanced to $49.36 before a corrective decline in wave 2 concluded at $46.88.
The 4-hour chart of XAU/USD indicates that the price cleared a key contracting triangle with resistance at $4,230 to enter a positive zone. The bulls even pumped the price above $4,320.
USD/INR continues bull run despite improved India's trade deficit position
The Non-Farm Payrolls (NFP) report, which comes out on December 16, 2025, is the first full look at the US job market since September, and it will be a crucial factor in determining the Federal Reserve's (Fed) strategy for interest rates throughout 2026.
Saudi Arabia Gold price today: Gold falls, according to FXStreet data
Philippines Gold price today: Gold falls, according to FXStreet data
United Arab Emirates Gold price today: Gold falls, according to FXStreet data
When is the UK labor market report and how could it affect GBP/USD?
Pakistan Gold price today: Gold falls, according to FXStreet data
India Gold price today: Gold falls, according to FXStreet data
Malaysia Gold price today: Gold falls, according to FXStreet data
When are the German/ Eurozone flash HCOB PMIs and how could they affect EUR/USD?
Silver Price Forecast: XAG/USD breaks below 100-hour SMA pivotal support near $62.50
USD/CAD flattens around 1.3770 ahead of delayed US NFP data
GBP/USD remains confined in a range above mid-1.3300s ahead of UK jobs report
NZD/USD weakens below 0.5800 on disappointing Chinese data, US NFP data in focus
PBOC sets USD/CNY reference rate at 7.0602 vs. 7.0656 previous
AUD/USD remains depressed below mid-0.6600s; downside seems limited ahead of US NFP report
Gold Price Forecast: XAU/USD holds gains above $4,300 on prospect of further Fed rate cuts
USD/JPY weakens to near 155.00 amid BoJ rate hike bets, US data awaited
EUR/USD supported above 1.1700 as weaker Dollar sets tone before NFP
Silver held near Monday's $64.17 high with buyers in control, consolidating tightly after the channel breakout while the rising 10-day average approaches the former top line—setting up a potential new record close above $63.57 and push toward $65.61 resistance.
Gold prices have put in a strong bounce from the $4,285 level as buyers vie to hold the metal above $4300 into a heavy batch of event risk. If we do see strength in the labor market or higher-than-expected inflation data, there could be an opening door for a pullback in gold.
The Pound to Euro (GBP/EUR) exchange rate got off to a slow start this week as markets brace for a series of high-impact economic releases in the coming days. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13796 (-0.08%)Pound to Dollar (GBP/USD): 1.33759 (+0.06%)Euro to Dollar (EUR/USD): 1.17543 (+0.15%) DAILY RECAP: The Pound.
The Pound Canadian Dollar (GBP/CAD) exchange rate ticked higher on Monday as markets digested Canada's weaker-than-forecast inflation figures. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.84225 (+0.09%)Euro to Canadian Dollar (EUR/CAD): 1.61891 (+0.18%)Dollar to Canadian Dollar (USD/CAD): 1.37729 (+0.03%) DAILY.
USD/JPY Price Forecast: Pair stalls below 156.00 as momentum fades
The Pound US Dollar (GBP/USD) exchange rate firmed on Monday morning as an improving market mood supported the pairing. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33759 (+0.06%)Euro to Dollar (EUR/USD): 1.17543 (+0.15%)Dollar to Japanese Yen (USD/JPY): 155.304 (-0.36%) DAILY RECAP: The US Dollar (USD) stumbled at the.
Gold holds steady as traders weigh Fed stance and upcoming data
AUD/USD trades lower as US Dollar firms ahead of delayed US NFP data
Bitcoin might be the canary in the gold mine – a declining anti-USD asset, could be the sign that the real USD is about to move higher, which would also affect the precious metals sector.
The GBP/USD is among the major currency pairs to watch owing to the remaining central bank rate decisions and key US data, all due this week. As well as US non-farm payrolls report, we will have key central bank rate decisions to look forward to, including from the UK.
Bulls hold grip and probe again through cracked Fibo barrier at 1.1746 (61.8% of 1.1918/1.1468), also being on track for the third consecutive daily close above broken top of thick daily Ichimoku cloud (1.1693).
Pound Sterling Price News and Forecast: GBP/USD nears 1.3400 as traders brace for BoE cut
The American currency is losing ground as traders focus on falling Treasury yields.
The Pound to Australian dollar (GBP/AUD) exchange rate is trading around 2.0130 after finding support close to 2.000 last week with both currencies securing a firm underlying tone in global markets. MUFG forecasts that GBP/AUD will decline to 1.93 amid a stronger Australian dollar and a shift in yield spreads against the Pound.
The Pound to Euro (GBP/EUR) exchange rate is trading around 1.1400. Rabobank forecasts a gradual grind lower to 1.1240 on a 6-month view as yields move against the UK currency.
EUR/USD trades near multi-week highs amid softer US Dollar, cautious Fed outlook
The EUR/USD pair has accumulated a streak of four consecutive bullish sessions, holding a gain above 1%, which shows that, for now, buying pressure has returned to the pair ahead of the year-end. This renewed upside momentum observed in recent sessions has been supported by the weakness of the U.S. dollar following last week's central bank comments and by expectations of a neutral stance from the European Central Bank in this week's decision.
GBP/USD nears 1.3400 as traders brace for BoE cut
Gold is pushing right back into the zone where optimism and exhaustion tend to collide.
USD/CAD holds firm after Canada CPI misses forecasts
JPY rises sharply on Tankan Survey, USD/JPY hits 155 – Scotiabank
USD/CNH drops below 7.0500, lowest since October 2024 – BBH
USD/CAD remains heavy near 1.3765 – BBH
CAD holds steady near Friday's close against USD – Scotiabank
USD/JPY holds near 155 amid strong Tankan survey – BBH
EUR/JPY weakens as markets price near-certain BoJ rate hike
The US dollar shows early softness as the euro and pound attempt rebounds amid uncertainty over Federal Reserve and Bank of England rate cuts, leaving major currency pairs range-bound while traders wait for clearer central bank direction.
Silver surges as buyers test $64.67, fueled by strong industrial demand and softer yields. Traders watch NFP and CPI for the next move in the silver market.
Gold extends a strong multi-month uptrend, approaching a potential breakout above $4,400, with pullbacks viewed as buying opportunities while key support levels near $4,200 and $3,950 continue to define a bullish structure.
Silver extends a powerful rally toward $65, driven by extreme momentum, heavy volume, and strong demand narratives. While dips remain buying opportunities near $60, volatility risk is elevated and disciplined money management remains essential.
After rising for four consecutive weeks, gold kicked off the new week on a strong footing this morning, rising a cool 0.9%, while silver rebounded from Friday's drop with a 3% bounce. Both metal remained below their respective record highs, with traders being wary of the recent bond market sell-off.
Gold trades firmly below all-time high on Fed, Geopolitical risks
EUR/USD holds gains ahead of busy week – ING
USD/CNH rrades near recent lows – OCBC
USD/JPY falls to near 155.00 as Yen capitalizes on upbeat Tankan Q4 survey data
USD/JPY consolidates ahead of BOJ meeting – OCBC
Silver Price Forecasts: XAG/USD retraces losses and rallies beyond $63.50
When is the Canadian inflation data for November and how could it affect USD/CAD?
The Pound New Zealand Dollar (GBP/NZD) exchange rate fluctuated last week, briefly touching a five-week low, amid considerable market volatility. Latest — Exchange Rates:Pound to New Zealand Dollar (GBP/NZD): 2.30335Euro to New Zealand Dollar (EUR/NZD): 2.02242New Zealand Dollar to Dollar (NZD/USD): 0.5805 WEEKLY RECAP: The Pound.
On the hourly chart of AUD/USD at FXOpen, the pair formed a base above 0.6600. The Aussie Dollar started a decent increase above 0.6630 against the US Dollar to enter a short-term positive zone.
A Bank of Japan monetary policy meeting is due this week, and expectations around the decision are supporting the yen today. Traders increasingly believe that the central bank may raise its policy rate by 25 basis points to 0.75%.
Gold breaks out of consolidation – Société Générale
USD/MXN resumes downtrend – Société Générale
The Pound Canadian Dollar (GBP/CAD) exchange rate traded in a wide range last week, heading broadly lower, amid a flurry of central bank activity. Latest — Exchange Rates:Pound to Canadian Dollar (GBP/CAD): 1.84134Euro to Canadian Dollar (EUR/CAD): 1.61676Dollar to Canadian Dollar (USD/CAD): 1.37713 WEEKLY RECAP: The Pound (GBP).
Silver price today: Silver rises, according to FXStreet data
The metal market was on fire over the weekend, with Gold and Silver hitting new highs. As the likelihood of the Fed easing in next year increases, will we see a new record for Gold?
GBP/JPY tumbles to near 207.00 as Yen gains on strong business confidence
EUR/USD fluctuates near highs in cautious markets ahead of a busy week
USD/CHF flat lines near 0.7950 as traders await US employment reports
Gold tested the resistance zone of 4343-50 last Friday and dropped towards the target of 4265. As we see over our previous chart, we still expect this trading zone to hold the market toward resistances 4358-62 and 4381.
USDJPY held below the 156.15 resistance which managed to cause a drop towards 155.35 so far. The market is still showing the chance for a trading zone between 154.90 and 156.15.
GBPUSD managed to break above the resistance of 1.3360-70 which could push for a further advance. As we see over the Intraday chart, prices face a support zone around 1.3280-99 which could cause a move towards targets 1.3470 and 1.3600.
Prices advanced above the downtrend line as we see from the previous chart which could push for further advance. The support trend is still around 1.1590, where as long as prices hold above it, the advance could continue toward 1.1820.
The Pound Euro (GBP/EUR) exchange rate wavered lower last week as Bank of England (BoE) interest rate cut bets weighed on Sterling. Latest — Exchange Rates:Pound to Euro (GBP/EUR): 1.13891Pound to Dollar (GBP/USD): 1.33709Euro to Dollar (EUR/USD): 1.17401 WEEKLY RECAP: The Pound (GBP) initially stumbled last week amid fresh UK.
The Pound US Dollar (GBP/USD) exchange rate strengthened last week as markets reacted to the Federal Reserve's latest interest rate decision. Latest — Exchange Rates:Pound to Dollar (GBP/USD): 1.33709Euro to Dollar (EUR/USD): 1.17401Dollar to Japanese Yen (USD/JPY): 155.8305 WEEKLY RECAP: The US Dollar (USD) tumbled last week,.
The US dollar weakens ahead of NFP as Fed rate-cut bets grow, pressuring DXY while GBP/USD and EUR/USD hold constructive technical structures.
AUD/JPY Price Forecast: Bullish outlook remains intact near 103.00 despite weak China data
Philippines Gold price today: Gold rises, according to FXStreet data
Looking at the 4-hour chart, the pair cleared many hurdles near 1.1700. It settled above the 100 simple moving average (red, 4-hour) and the 200 simple moving average (green, 4-hour).
Gold and silver extend gains as a weaker US dollar, Fed rate uncertainty, and strong demand support bullish breakouts ahead of key US jobs data.
USD/CAD sees more downside below 1.3750 as traders assess Fed's outlook for 2026
Gold recently reversed from the resistance area between the strong resistance level 4350.00 (which stopped sharp wave (3) in October) and the upper daily Bollinger Band.