India HSBC Manufacturing PMI registered at 55 above expectations (54.3) in May

Jun 1, 2026

EUR/JPY Price Forecast: Edges lower from upper descending channel top around 186.00

EUR/JPY steadies after six days of gains, trading around 185.70 during the Asian hours on Monday. The currency cross is maintaining a constructive bullish bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs).

GBP/USD Price Forecast: Consolidates around mid-1.3400s amid firm USD, cautious setup

The GBP/USD pair struggles to capitalize on its goodish recovery from a one-and-a-half-week low, touched last Thursday, and oscillates in a narrow range around mid-1.3400s at the start of a new week.