Pending Home Sales
2 STORIESFORECASTS45D
GBP/USD Holds Near Multi-Month High as Sterling Rides Dollar WeaknessGBP/USD climbed to 1.3535, its highest level since May 12, as softer US inflation data weighed on the dollar and supported sterling demand. Traders are watching UK political developments, mixed domestic growth figures and upcoming US retail sales and pending home sales data for the next directional cue.
FORECASTS45D
EUR/USD Forecast: Bearish Flag Keeps Reversal Risk in Focus After Soft US Inflation DataEUR/USD climbed for a second straight day after weaker US inflation figures pressured the dollar and lifted the pair to 1.1482, its highest level since June 18. Technical traders remain cautious as a bearish flag pattern, resistance near 1.1550, and upcoming US retail sales and pending home sales data shape the next move.