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GBP/USD Outlook: Bulls Lack Strength Under 1.36 amid Risk-off sentiment
GBP/USD remains under pressure below 1.3600. Russia-Ukraine tension remains the key driver of the market. Brexit concerns continue to weigh on the pound. Market participants are eying US initial jobless claims and US building permit data. The GBP/USD outlook remains... -
Block Stock Price Down 28% in 2022 – Time to Buy SQ Stock?
While Block (SQ), which was formerly known as Square, has come off its 52-week lows, it is still down almost 28% in 2022. The stock now trades at a discount of over 60% from its 52-week highs. Some investors like... -
Shopify Stock Down 8% in February – Time to Buy SHOP Stock?
The price of Shopify stock has declined nearly 8% so far this month as an expected shift in the macro environment has kept weighing on the valuation of growth stocks. The Canadian e-commerce giant is scheduled to report its earnings... -
Canopy Growth Share Price Forecast February 2022 – Time to Buy CGC?
Shares of cannabis producer Canopy Growth (NASDAQ: CGC) are in the green today, after closing at $8.73 as of February 15th (19:59 EST). Canopy Growth shares increased by more than 17% to reach $9.61 at one point, marking their highest... -
The Graph Price Up By 15.10% – Time to Buy GRT
With a massive price bump in the past 24 hours, many investors will want to buy GRT to benefit from these gains. The Graph recently signed a massive sponsorship deal with soccer legend Ronaldinho. GRT's technicals are murky, but investor... -
Glencore Stock Price Forecast February 2022 – Time to Buy GLEN.L Stock?
Glencore stock (GLEN.L) stock hit a new 52-week high today as markets gave a thumbs up to its 2021 earnings. While other big UK miners have come off their peaks, Glencore has looked strong. Glencore was among the best performing... -
Moderna Stock Down 16% in February – Time to Buy MRNA Stock?
The price of Moderna stock has declined 16% in February as companies in the riskiest segments of the markets have continued to see their valuations shrink amid an expected shift in the macro landscape. On 31 January, Moderna received full... -
Upstart Holdings Share Price Forecast February 2022 – Time to Buy UPST?
Shares of AI lending platform Upstart Holdings (NASDAQ: UPST) are in the green today, after closing at $104.60 as of 14th February (19:59 EST). The company has generated more than $800 million of revenue in 2021, beating estimates of $500... -
Sea Limited Share Price Forecast February 2022 – Time to Buy SE?
Shares of tech conglomerate Sea Limited (NYSE: SE) are in the red today, after closing at $129.17 as of February 14th (19:59 EST). Sea Limited shares ended Monday down 18.4%. Investors learned that India is about to ban the company's... -
GBP/USD Price Sticking to Gains Above 1.35 After UK Jobs Data
Taking advantage of the reversal in overnight losses, the GBP/USD pair regained momentum on Tuesday. A lack of optimism in growth was evident, and UK employment data appeared largely unaffected. A safe-haven dollar and geopolitical tensions supported the safe-haven dollar....
