Lauraa_Trading24h

Lauraa_Trading24h

Hello everyone, what’s your take on the GBP/USD trend? Currently, GBP/USD is seeing a slight recovery above 1.248, marking a 0.5% daily gain since the start of Monday’s session. The pair benefits from the sluggish performance of the US Dollar, despite weak risk sentiment early in the week driven by the anticipation of US Non-Farm Payrolls (NFP). Outlook: While...

Lauraa_Trading24h Updated 

Gold prices climbed to $2,640 at the start of the new week as the US Dollar struggled to maintain its momentum, led by ISM's manufacturing PMI. Hopes for Chinese stimulus measures and a slightly risk-on sentiment also bolstered the precious metal. All eyes remain on geopolitical developments and Fedspeak for fresh catalysts. On the upside, the XAU/USD pair could...

Lauraa_Trading24h Updated 

At the close of Friday's trading session, gold prices unexpectedly dropped nearly $19 per ounce compared to the previous session. Last night, the US economy revealed a significant increase in the December 2024 manufacturing new orders index, as reported by the Institute for Supply Management (ISM), rising sharply to 52.5 points, higher than the previous month's...