About: pumarketings
Recent Posts by pumarketings
UK GDP to Decide Sterling’s Next Leg
Key Takeaways: *GBP/USD has rallied since last Friday, supported by dollar softness and improved risk sentiment. *Political tensions and fiscal credibility concerns still cast a shadow over sterling’s medium-term outlook. *Tomorrow’s UK GDP release will be pivotal: a repeat of prior growth could stall momentum, while a stronger print could extend gains. Market Summary: SterlingContinue Reading
Chart the Market (26/09/2025)
EURUSD, H4: The EUR/USD pair has extended its decline, breaking decisively below the critical support level at 1.0715—a development that reinforces the bearish shift signaled by its recent pattern of lower highs. The breakdown opens the path toward the next significant support zone near 1.0650, with a sustained move below this level likely to intensifyContinue Reading
Japanese Yen Weakens as Inflation Data Came Soft
Key Takeaways: *Subdued Tokyo Core CPI at 2.5% vs. 2.8% forecast dampened October rate hike expectations, extending yen weakness. *The pair touched 149.95, edging close to the 150.00 level that often prompts Japanese authority vigilance. *Strong 3.8% GDP and focus on today’s Core PCE inflation reinforce Fed-BoJ divergence, leaving yen vulnerable absent a policy shift.Continue Reading
