Search





Search





GBP/USD holds above 50-DMA – Société Générale

FXStreetMay 20, 2025 10:40 AM

GBP/USD remains in an uptrend, consolidating near key resistance at 1.3430, with potential for further gains if this level is breached, Société Générale's FX analysts note.

Uptrend pauses within bullish flag

"GBP/USD up move has stalled after reaching last year high of 1.3430. It has evolved within a flag; this pattern denotes a brief pause within uptrend. The pair has maintained above the 50-DMA (1.3130), which highlights prevalence of upward momentum."

"The MA and recent pivot low near 1.3130 is a short-term support. The pair is inching higher towards 1.3430. Cross above this can lead to an extension in uptrend towards projections of 1.3510 and 1.3620."

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Former Nike Executive Heidi O’Neill Named Lululemon New CEO, Market Sells Off Stock to Cast ‘Vote of No Confidence’

TradingKey - On April 22 local time, Lululemon (LULU) announced that its board of directors has unanimously approved the appointment of Heidi O’Neill as the new Chief Executive Officer, effective September 8, 2026.

Robinhood Stock Predictions: Can HOOD Reach the $1,000 Milestone?

While the hood share price reflects short-term regulatory jitters, the transition to a subscription-based, multi-asset model provides a much more stable foundation than the 2021 era.

Oil Prices Rise for Fourth Day, Brent Returns Above $100

TradingKey - As of the close on Wednesday, April 22 (ET), Brent crude oil futures settled at $101.91 per barrel, up 3.48%. WTI crude oil prices settled at $92.96 per barrel, up 3.67%.

Meme Stocks Reappear. Avis Shares Reach New Highs Amid Short Squeeze. Can Retail Investors Still Buy?

TradingKey - U.S. car rental giant Avis (CAR) is replicating the concentrated capital short squeeze seen with GameStop (GME). Over the past six weeks, Avis's stock price has surged from the $100 range to an all-time high of $713.97, representing a cumulative gain of over 200%. On April 21, the stock

Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch

Tesla’s Q1 2026 earnings will be released on April 22. With Q1 deliveries at 358,023 units, inventory surging by 50,363 units, and energy storage nearly halved from 14.2 GWh to 8.8 GWh, analyst target prices show a five-fold discrepancy, ranging from $119 to $600. For long-term investors, this article deconstructs five core metrics that will determine the success of the company's transformation: the 17.9% automotive gross margin floor, management’s explanation for energy storage performance, the $20 billion CapEx guidance, the 1.1 million FSD subscription structure, and the inaugural disclosure of Robotaxi operational data.

Featured Tools

marketing_marketsTitle

calendar_economicCalendar

Economic Calendar

search.intelligent.strategy

article_asider_weekly_report

link

Meme Stocks Reappear. Avis Shares Reach New Highs Amid Short Squeeze. Can Retail Investors Still Buy?

Tesla Q1 2026 Earnings Preview: 50,000-Unit Inventory Overhang, Energy Storage Halved, 5 Core Metrics Long-Term Investors Should Really Watch

Bitmine 2030 Stock Price Prediction: Why Did BMNR Stock Price Fall? How High Will It Rise in the Future?

Strike Threat Could Cost 30 Trillion Won, Can Samsung’s Stock Rally Last?

NVDA Stock vs Micron Technology Stock: Why AI Memory Demand Could Outpace Nvidia’s Next Growth Phase

Tradingkey

Tradingkey

KeyAI

