GBP/USD hits fresh three-month highs above 1.3550
GBP/USD stretches north and refreshes three-month highs above 1.3500 in the European session on Monday. The prevalent US Dollar selling bias favors bullish traders and suggests that the path of least resistance for the pair remains to the upside.
Gold sticks to gains near $4,400 as USD slumps to two-month low
Gold maintains its bullish tone through the first half of the European session and currently trades around $4,400, up for the second straight day. The commodity, however, remains below the highest level since June 5, touched last Thursday, amid a mixed fundamental backdrop.
Pepe defends a key support amid mixed retail demand
Pepe is up nearly 2% after a 10% decline last week, showing signs of a mild recovery, while broader crypto market risk appetite remains weak. PEPE derivatives data point to a mixed outlook, as Open Interest declines while funding rates turn positive. Technically, PEPE must hold above its $0.00000255 support floor to avoid a downside of over 10%.
DEEPER DIVE
Why is Crude Oil priced for a reopening the ships haven't made?
Why the WTI sell-off may be hiding a supply warning
911 million shares freed: Why SpaceX rallied into its own supply
The most heavily trailed supply event of the year landed on August 6, and the SpaceX (SPCX) stock went up. Roughly 911.5 million shares held by insiders and early backers became eligible to trade, around 43% more than the entire float sold at the listing.
CRYPTOCURRENCIES
Cardano Price Forecast: Whale selling, weak momentum put ADA at risk
Cardano nears key support zone, trading at $0.177 after correcting over 10% the previous week. The price decline is supported by whale wallet offloading ADA tokens. Meanwhile, weakening momentum indicators and bearish derivatives metrics suggest a cautious tone among traders and hint at further losses if ADA slips below key support.
Crypto Market Overview: Bitcoin holds at $63,000 – WLD, WLFI lead gains
Bitcoin trades around $63,000 on Monday, edging higher after a 3% decline last week. Risk-off sentiment persists in the crypto market amid Israeli attacks on Lebanon and US plans for fresh sanctions on Iran. Still, Worldcoin and World Liberty Financial are extending their near-term gains, emerging as top performers over the last 24 hours.
Top 3 Price Prediction: BTC holds critical support, ETH awaits directional move, XRP weakens
Bitcoin, Ethereum, and Ripple begin the week on a cautious note after slipping over 3%, 1.5%, and 3.5%, respectively, in the previous week. BTC finds support around the key $62,300 level while ETH continues to trade sideways. Meanwhile, XRP hovers around $1.00, with weakening momentum suggesting deeper losses.
STOCKS
PFE price outlook: Pfizer pressing against 0.618 arc. Potential breakout toward $27.95
Nasdaq 100 rebound looks strong… or is it just a trap?
The Nasdaq 100 spent the past few sessions recovering strongly from its November lows, rebounding from 24,307 and climbing back into the 25,100–25,150 mid-range zone. While the candles look convincing, the broader picture reveals a different story: the index remains trapped inside a 4H range structure.
WEEKLY FORECAST
EUR/USD: War escalation can bring back US Dollar demand
Why SpaceX bonds disagree with the stock
Gold: Mideast stalemate keeps bullish potential in check
Bitcoin: Hormuz uncertainty clouds BTC outlook
US Dollar: Fed hawks circle, but weak data clips the Dollar’s wings
Week ahead – Summer lull could be tested by geopolitics and central bank expectations
US dollar stabilizes as September Fed hike bets remain subdued. Market volatility stays low, but thin liquidity could amplify movements. Key UK data could challenge pound strength; euro craves bullish catalysts.
EDUCATION
Something has gone completely wrong in enterprise AI
There is a moment in every boom when the music is still playing, the lights are still flashing, and someone finally notices that the bar tab has been left on the table. That is roughly where enterprise AI feels today.
The psychology of Gold buying during periods of market uncertainty
Historically, gold is considered a reliable investment avenue, especially in times of market uncertainty. Modern economies are based on fiat currency, where the value is determined by government decree and public trust.
PRESS RELEASES
Versus Trade celebrates Merdeka with exclusive trading rewards for Malaysian traders
Every year on 31 August, Malaysia celebrates Merdeka, a day that represents independence, ambition, and the confidence to shape your own future.
Weltrade officially launches in South Africa under FSCA licence
The global CFD broker brings 20 years of industry experience and an award-winning product offering to one of Africa's most active retail trading markets.
From Chinese AI to global ETFs: STARTRADER launches 45 new 24/7 stock and ETF CFDs
Available from August 13, 2026, the launch covers seven distinct market themes with no trading-hour restrictions.