1 hour chart of GBPUSD as of 18 Jun 2026

    Wall Street Slumps as Kevin Warsh Delivers Hawkish Hold, GBP/USD’s Plunge Hits Support Ahead of BoE

    Key takeaways The Federal Reserve delivered a hawkish hold and signalled a major policy regime shift. While rates remained unchanged at 3.50%-3.75%, Chair Kevin Warsh abolished traditional forward guidance, reinforcing a data-dependent approach and increasing the likelihood of higher market volatility. Higher-for-longer interest rate expectations pressured risk assets. The S&P 500 fell 1.2%, the Nasdaq…

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    WTI Crude Oil May Struggle to Recover as Sellers Stay Active

      WTI Crude Oil May Struggle to Recover as Sellers Stay Active

      Key Highlights WTI Crude Oil declined heavily below $88 and $85. A major bearish trend line is forming with resistance at $89.50 on the 4-hour chart of XTI/USD. Gold could extend gains if it settles above $4,400. Bitcoin started a consolidation phase below the $67,500 resistance. WTI Crude Oil Price Technical Analysis WTI Crude Oil…

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        FIMA RMB Repo seen boosting yuan

        China will establish a new liquidity facility for overseas central banks and official institutions, said People’s Bank of China Governor Pan Gongsheng, in what analysts describe as a proactive step toward boosting global demand for yuan assets. Pan Gongsheng Speaking at the 2026 Lujiazui Forum on Wednesday, Pan announced the establishment of the RMB Repo…

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        Sparks a New Gold Rally?

          Sparks a New Gold Rally?

          Today’s Gold Analysis Overview: Gold’s overall trend: Bearish over the medium term, with limited upside rebound in the near term. Today’s Gold Support Points: $4290 – $4230 – $4150 per ounce. Today’s Gold Resistance Points: $4400 – $4475 – $4560 per ounce. Today’s Gold Trading Signals: Bullish Scenario: Buy gold from the support level of…

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          Higher Lows Suggest Bullish Brea

            Higher Lows Suggest Bullish Brea

            EUR/USD: Bullish Sequence Continues The EUR/USD currency pair has been continuing its climb higher since the market opened this week. Action in the Forex market this week has shown more direction and volatility since last week. It is extremely likely to see even more action as the second half of this week is now underway,…

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            BTC/USD Forex Signal 17/06

              Bitcoin Recovery Hits a Wall

              Bearish view Sell the BTC/USD pair and set a take-profit at 60,000. Add a stop-loss at 70,000. Timeline: 1-2 days. Bullish view Buy the BTC/USD pair and set a take-profit at 70,000. Add a stop-loss at 60,000. Bitcoin price remained in a tight range on Wednesday morning as the recent rally stalled amid profit-taking and…

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              Gold Forex Forecast 17/06: Test the 200 Day EMA (graph)

                Test the 200 Day EMA (Video)

                The gold market continues to test the crucial 200 Day EMA on Tuesday, as we are watching interest rates in the United States drop, a natural boost for this market. Gold The gold market has started to rise a bit again during the trading session on Tuesday as we are threatening the 200-day EMA. The…

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                Silver Forex Forecast 17/06: Continues to Follow Rates

                  Silver Forex Forecast 17/06: Continues to Follow Rates

                  The silver market was choppy on Tuesday, as we are getting a touch overstretched, and seeing the $70 region offer more noise. Silver The silver market has shown itself to be very choppy and noisy during the trading session here on Tuesday as we’re hanging around the $70 level. The $70 level is an area…

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                    China unveils high-level financial opening-up policies at Lujiazui forum as renminbi assets gain rising appeal for global capital

                    A view of the Lujiazui area in Shanghai Photo: VCG China’s Vice Premier He Lifeng doubled down on the nation’s financial opening‑up at the 2026 Lujiazui Forum held in Shanghai on Wednesday, pledging broader institutional measures and casting Shanghai as a rising global hub for RMB asset allocation and risk management, according to the Xinhua…

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