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14 Mar 2025

Gold prices finally break above the recent range – Société Générale

Gold has broken out above the upper limit of the range within which it consolidated since February denoting possibility of extension in uptrend, Société Générale's FX analysts note.

Next objectives are located at projections of $3015 and $3035/3050

"Daily MACD is at a lower level than February highlighting receding upward momentum however signals of a meaningful pullback are not yet visible in price action. Next objectives are located at projections of $3015 and $3035/3050 which is also the upper limit of an ascending channel. Recent pivot low of $2880 is a crucial support in case a brief pullback materializes."

Mar 14, 2025

EUR/GBP to remain bearish in the near term – Danske Bank

EUR/GBP took a breather during yesterday's session after rising more than 2% since the beginning of March, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.

GBP trades lower vs USD and EUR – BBH

Pound Sterling (GBP) is down versus US Dollar (USD) and Euro (EUR).