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The BTC/USD pair resumed its bullish trend in the evening session even after JP Morgan’s Jamie Dimon criticized Bitcoin.
The GBP/USD pair rebounded as the market reacted to the strong UK GDP and American consumer inflation numbers that were published on Wednesday.
Bitcoin bulls still have all-time high prices in sight.
The British pound is showing minor relative strength.
The AUD/USD price held steady as investors priced in a strong economic rebound for the Australian economy.
The EUR/USD price made a bearish breakout on Tuesday as investors focused on the upcoming inflation data from the United States.
The price has room to rise all the way to 115.00.
Today’s pivotal point is likely to be 1.1555.
The GBP/USD price retreated slightly in the overnight session as traders waited for the upcoming UK jobs numbers and as the US dollar rebounded.
The BTC/USD price broke out as interest in cryptocurrencies rebounded.
Bitcoin is now trading above $55k.
The Bank of England’s signaling on rates are helping to hold up the British pound.
The AUD/USD price was unchanged in early trading as the market focused on the recent American jobs numbers.
The EUR/USD was little changed on Monday morning as investors reflected on the relatively mixed US non-farm payrolls data and the upcoming inflation numbers.
0.7263 is today’s most likely pivotal point.
The GBP/USD pair declined in the overnight session as the US dollar rally accelerated.
The BTC/USD price rocketed higher as investors remained optimistic about digital currencies.
The long-term bearish trend is likely to produce lower prices.
Bitcoin is now trading above $50k.
The AUD/USD pair rose in the overnight session as investors reacted to the rising bond yields and the Reserve Bank of Australia (RBA) interest rate decision.