2:17 PM · 15 October 2020

Pound erases yesterday's gains 📉

During today's session we can observe the completely opposite situation on the pound than yesterday. The British currency is under selling pressure due to further restrictions in the UK. Looking at the H1 chart from a technical point of view, the head and shoulders formation is building up. This structure heralds a trend reversal. A bearish signal would be generated once the price breaks below the neckline, which lies in the vicinity of 1.2780.

GBPUSD H1 interval. Source: xStation5

20 October 2025, 7:02 AM

BREAKING: Producer Inflation in Germany lower than expected

20 October 2025, 6:32 AM

Morning wrap (20.10.2025)

17 October 2025, 10:42 AM

Chart of the day - EURUSD (17.10.2025)

17 October 2025, 10:01 AM

BREAKING: Final inflation reading matches expectations. Core HICP inflation marginally higher

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