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Price Analysis of GBP/USD: Retakes Mark 1.3400 to Move towards Channel Resistance

Price Analysis of GBP/USD: Retakes Mark 1.3400 to Move towards Channel Resistance

The GBP/USD pair rose to a daily high during the mid-European session. The pair now looks to continue the rise beyond the 1.3400 mark. It has now filled the weekly bearish gap amid some intraday US dollar selling as the pair rallied around 100 pips on Monday from the 1.3300 mark. Nervousness about the worsening

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Equities Lose $250 bn, Russia to Hike Rates Soon

Equities Lose $250 bn, Russia to Hike Rates Soon

Investors prepare for the toughest sanctions yet as Russian assets disappear amid military attacks in Ukraine. More than $259 billion in stocks were liquidated as a result. The military offense in Ukraine affected markets globally, and a new battle for risk aversion began. Following Russian President Vladimir Putin’s decision to “demilitarise” its neighbor, Moscow’s capabilities

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