FPG GBPUSD Market Report July 3, 2025
FPG GBPUSD Market Report July 3, 2025 GBPUSD is currently pausing after a strong multi-month rally, with price action showing hesitation near the major resistance at 1.37863, a key structural high. Price remains above the Ichimoku cloud, confirming the medium-term bullish trend, but recent candles suggest slowing momentum and overbought conditions. The latest weekly candle […]
Offshore Yuan Holds Steady at 7.16 as China PMI Signals Mixed Recovery
Offshore Yuan Holds Steady at 7.16 as China PMI Signals Mixed Recovery The offshore yuan traded steadily around 7.16 per US dollar on Thursday, as investors assessed China’s latest PMI data and looked ahead to upcoming economic indicators. The Caixin China General Composite PMI climbed back into expansionary territory, marking its strongest reading since March, […]