others
Loss of support at 1.2125 will edge risks towards a retest of 1.20 area – Scotiabank – Crypto News
GBP/USD slips as wage data hint at moderation. Economists at Scotiabank analyze the pair’s outlook.
UK wage data for August came in a bit softer than expected
Average earnings eased to 8.1% YoY over the August quarter, down from 8.5% in July. Ex-bonus earnings eased to 7.8%, but from an upwardly-revised 7.9% in July. Markets view the break in the rising wage trend as tilting risks against another BoE hike before year-end but wage growth remains very strong overall and there is still some key data ahead (e.g. CPI on Wednesday) which may sway thinking again.
Loss of support at 1.2125 will edge risks towards a retest of 1.20 area in the next day or so, given soft/bearish underlying momentum.
Resistance is 1.2215/1.2225.
-
De-fi2 days agoHow the “buy, borrow, die” tax trade is quietly loading DeFi pools with hidden credit risk – Crypto News
-
Technology2 days agoWhile Big Tech chased AI, Apple built something else – Its biggest product wave yet | What’s coming in 2026 and beyond – Crypto News
-
Cryptocurrency6 hours agoOpenAI’s GPT-6 Astra Is Shockingly Good at Almost Everything – Crypto News