Japan Jibun Bank Manufacturing PMI dipped from previous 49.3 to 48.9 in September

Sep 24, 2019

GBP/USD technical analysis: 1.2393/85 limits immediate downside

With the 50-bar moving average on the four-hour chart (4H 50MA) aptly restricting the GBP/USD pair’s immediate upside, the quote stays on the back foot.

EUR/USD technical analysis: On the defensive with flag breakdown on the daily chart

EUR/USD looks south with the daily line chart reporting a bear flag breakdown. The flag breakdown indicates the sell-off from the Aug. 23 high of 1.11