GBPUSD bulls are struggling to keep the reins as traders await crucial British economics scheduled during the week, starting with the UK jobs report.
GBPUSD retreats from a one-month-old broad resistance area surrounding 1.2210-40.
EURUSD grinds higher around the seven-month top inside a rising megaphone chart pattern on the daily formation.
Gold buyers struggle with an 11-month-old horizontal resistance, despite crossing an upward-sloping resistance line stretched from early October 2022.
USDCAD remains depressed at the lowest levels in six weeks after breaking the 100-DMA as broad US Dollar weakness joins firmer oil prices.
AUDUSD offered the first daily closing beyond the 200-DMA, as well as a downward-sloping trend line from June.
Gold portrays the second consecutive monthly gain as it flirts with the $1,800 threshold in the last few days.
GBPUSD braces for the first weekly gain in four as 200-EMA and a two-week-old support line defends Cable buyers.
EURUSD retreats inside a six-week-old bullish channel as the holiday season allows buyers to take a breather.
USDJPY consolidates the biggest daily loss in 14 years while positing a gradual rebound from the 78.6% Fibonacci retracement level of its May-October upside.
Gold retreats from a weekly horizontal resistance that’s near a top-end of an upward-sloping trend channel stretched since mid-November.
GBPUSD fades upside momentum after reversing from the 61.8% Fibonacci retracement level of January-September downside.
