GBP/USD is trading at 1.2458, 0.82% up since previous day close. The British pound strengthened against other major currencies in the European session on Tuesday, after a survey showed that U.K. private sector activity expanded for the sixth consecutive month In April. U.K. public sector borrowing declined in the financial year ending March but it remained well above the official estimate. On daily chart this pair move out from support zone after continues declined this momentum may continue till rate cut related news from European Bank and Bank England.
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Near Day |
R3 | 1.251 |
R2 | 1.2505 |
R1 | 1.2457 |
Turnaround | 1.246 |
S1 | 1.235 |
S2 | 1.2303 |
S3 | 1.24 |
US30 is trading at 38550 0.69% up since previous day close. Wall street indexes closed higher for two consecutive sessions, as a recent rout in technology stocks gave way to bargain buying. The sector, along with boarder benchmark indexes. Electric car maker Tesla Inc jumped 12.4% in aftermarket trade to a nine-day high. on daily chart US30 is above from their support zone may this bullish momentum continue till tech earing published.
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Near Day |
R3 | 38950 |
R2 | 38760 |
R1 | 38600 |
Turnaround | 38500 |
S1 | 38278 |
S2 | 38128 |
S3 | 38000 |
SILVER is trading at 27.40, 0.42% up since previous day close. After sharp declined from 28.63 on Monday in the fear of war prices saw a modest uptick of 0.12%, closing at 80678, as investors regained confidence in riskier assets following a de-escalation of Middle East tensions. Iran’s downplaying of the Israel attack helped ease geopolitical concerns, prompting a shift towards risk-on sentiment. However, the dollar strengthened to around six-month highs due to hawkish Fed commentary, dampening demand for dollar-denominated metals like silver.
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Near Day |
R3 | 28 |
R2 | 27.8 |
R1 | 27.4 |
Turnaround | 27 |
S1 | 27.07 |
S2 | 26.6 |
S3 | 26 |
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