RigoBlock USD Price & Performance (GRGUSD)

The GBPUSD has fallen below critical moving averages, including the 100-hour, 100-day, and 200-hour levels, signaling bearish sentiment. Sellers are targeting the 1.2608 zone, a significant confluence area. A decisive drop below this level could accelerate selling pressure, while recovery above the averages may shift momentum back to buyers.1

The S&P 500 has dropped 10% from its February peak, entering correction territory and erasing $5 trillion in value. Escalating trade tensions, including a proposed 200% tariff on European spirits, are fueling market uncertainty. Investors are closely watching the Federal Reserve's next moves amid persistent inflation and economic slowdown fears.2

European natural gas prices fell after Russian President Putin suggested potential energy cooperation with the U.S. This speculation comes amid efforts to end the Ukraine war. The development has raised hopes of easing energy trade restrictions, though broader geopolitical tensions remain a significant factor for markets.2