About: pumarketings
Recent Posts by pumarketings
Chart the Market (21/08/2025)
GBPUSD, H4: GBP/USD is trading under pressure below the 1.3500 handle, currently hovering near 1.3450 after failing to sustain gains above the 50-period moving average. The pair has slipped beneath both the 20- and 50-period SMAs, with the breakdown zone at 1.3485 now acting as immediate resistance. Price action has turned cautious, with sellers attemptingContinue Reading
Markets Eye Powell at Jackson Hole as Fed Division Fuels Dollar Volatility
Key Takeaways: *Dollar Index struggled for clear direction after mixed FOMC meeting minutes. *Fed members are divided on whether tariffs-driven inflation or weakening the jobs market is the bigger threat. *Gold prices rose as safe-haven demand increased amid Fed uncertainty and geopolitical risks. Market Summary: The Dollar Index swung sharply in yesterday’s session as tradersContinue Reading
Dollar Slips, Gold Holds as Fed Outlook in Focus
Key Takeaways: *Dollar softens as mixed U.S. data keeps Fed in play, with weaker industrial output and slumping sentiment tempering recent retail resilience. *Gold steadies on softer yields and policy uncertainty, with safe-haven demand supported by U.S. fiscal concerns and steady central bank buying. *Market focus shifts to U.S. inflation and Powell’s Jackson Hole signals,Continue Reading
