
GBP/USD, DAX Forecast: Two trades to watch
GBP/USD holds above 1.34 with US midterms and BoE in focus. DAX slips as the global tech selloff continues.
Expertise: Macroeconomics, Fundamental & Technical Analysis, Media
Trading Style: Trend/Swing
Experience:

GBP/USD holds above 1.34 with US midterms and BoE in focus. DAX slips as the global tech selloff continues.

U.S. stock indices are moving higher on Monday as tech and AI-related stocks steady following a shocking October. The mood remains cautious following the AI wobble, with more tech earnings due this week, U.S. midterm elections and a full U.S. economic data calendar.

EUR/USD rises as lower oil prices offset weak German retail sales. Gold rebounds from 2026 lows after the worst October in 18 years.

This week's earnings come from Apple, which trades near its record high; AMD; Intel, which tanked 25% after its earnings; and Palantir Technologies.


EUR/USD falls post-Fed and ahead of the ECB rate decision.FTSE 100 rises post-Budget, led by defence and energy stocks.

U.S. stocks are rising cautiously ahead of the Federal Reserve interest rate decision later today, as well as key tech earnings after the close.

GBP/USD struggles ahead of the Budget and Fed rate decision. EUR/USD under pressure ahead of the Fed and ECB rate decisions.

U.S. stocks are rising as oil prices ease and investors cautiously look ahead to U.S. megacap earnings as a test of the AI trade. The Federal Reserve has also kicked off its two-day meeting ahead of tomorrow's announcement.
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