GBP/USD Price Forecast: Buyers retain control above 200-day SMA

On the daily chart, GBP/USD retains a mildly bullish bias as price holds above the 200-day Simple Moving Average (SMA) at 1.3424 and the nearby horizontal support at 1.3500. The Relative Strength Index (RSI) around 59 suggests positive but not overextended momentum, while the Moving Average Convergence Divergence (MACD) indicator remains in shallow positive territory, hinting that upside pressure is still present but not accelerating.  On the topside, initial resistance is located at the horizontal barrier near 1.3650, where a clear break would open the way for a more convincing continuation of the advance. On the downside, immediate support is seen first at 1.3500, with the 200-day SMA at 1.3424 providing a deeper layer of structural demand should a corrective pullback unfold.

05-11Industry

MoneySkills launches next-generation AI trading bot, ushering in the future of no-code cryptocurrency trading

The post MoneySkills launches next-generation AI trading bot, ushering in the future of no-code cryptocurrency trading appeared first on Coinpedia Fintech News  The highly anticipated 2026 launch will bring real-time AI execution and a simplified, zero-code onboarding process to the rapidly growing digital asset market.  MoneySkills has officially announced the launch of its fully automated AI cryptocurrency trading bot, marking a significant milestone in the development of digital asset investment in 2026. The platform aims to completely eliminate technical complexity, introducing a revolutionary “no-code” trading solution. By simplifying the user experience, MoneySkills makes it easy for novice and ordinary investors to enter the cryptocurrency market and leverage institutional-grade automation.  MoneySkills is at the forefront of this trend, as AI-driven cryptocurrency trading rapidly transforms the way digital asset markets operate. The platforms new bots break down traditional barriers to cryptocurrency investment by eliminating the need for users to write code, build complex algorithms, or perform tedious configurations.  Start your automated wealth growth journey with just one click  MoneySkills distills complex quantitative strategies into a simple and easy-to-use workflow. The platform uses artificial intelligence for real-time decision-making, allowing users to seize fleeting market opportunities without constantly monitoring their screens, while eliminating the risks of emotional trading.  Users can

05-11Industry

MoonPay Acquires Dawn Labs, Launches AI Trading Copilot for Prediction Markets

In briefMoonPay acquired AI trading startup Dawn Labs and launched Dawn CLI.The platform turns plain-English trading prompts into automated trading strategies.MoonPay said the product launches first with support for Polymarket.  MoonPay is expanding further into AI-powered cryptocurrency infrastructure with the acquisition of Dawn Labs, a startup building autonomous trading tools for prediction markets and digital asset traders.  The crypto payments company said Monday that it acquired the applied research lab and launched Dawn CLI, an AI-native trading product designed to let users build and execute trading strategies using natural language prompts. (Disclosure: MoonPay Ventures is an investor in Dastan, the parent company of an editorially independent Decrypt.)  “Until now, building and running a systematic trading strategy required you to be a developer, a quant, and a portfolio manager,” Dawn Labs founder and Chief Engineer of MoonPay Labs Neeraj Prasad told Decrypt. “Dawn collapses that into a single interface. You describe what you want in plain English, and the system handles the code and execution.”  The launch comes as prediction market platforms like Polymarket and Kalshi see sizable growth, attracting traders betting on elections, sports, economic indicators, and geopolitical events. The growth of those markets has increased demand for tools that can analyze information, automate

05-11Industry

Want SpaceX Before It Goes Public? The Pre-IPO Window May Be Closing Fast

Tech  Want SpaceX Before It Goes Public? The Pre-IPO Window May Be Closing Fast  What happens when one of the worlds most watched private companies moves closer to Wall Street, but most retail investors are still outside the door?  That question now surrounds SpaceX. Retail investors want early exposure before IPO, yet pre-IPO access is not simple. SpaceX remains a private company. There is no public SpaceX ticker, andits shares cannot be bought on normal stock apps.  This gap has created a bigger market story. Retail investors are no longer waiting for companies to list. In fact, they want earlier awareness, better research tools, and clearer ways to follow private-market momentum before public-market hype becomes crowded.  That is where IPO Genie enters the conversation. IPO Genie is a Web3 platform that helps users follow private-company momentum, pre-IPO signals, and early market interest through its $IPO token.   SpaceX Has Become the Pre-IPO Dream for Retail Investors   SpaceX is not just another private company. With reusable rockets, Starlink, defense work, and space-economy exposure, it represents the kind of opportunity many investors wish they had found earlier.  But public interest does not mean easy access. SpaceX has no public ticker, and shares are usually limited to private channels,secondary markets,

05-11Industry

Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain

Blockchain  Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain  Circle Internet Group, the publicly listed issuer of the USDC stablecoin, pulled in $222 million through a presale of the native token for its new Arc blockchain, giving the network a fully diluted valuation of $3 billion, CNBC reported Monday.  Andreessen Horowitz led the round with a $75 million commitment. Other participants include BlackRock, Apollo Funds, Intercontinental Exchange, the owner of the New York Stock Exchange, Standard Chartered Ventures, Janus Henderson, ARK Invest, and about half a dozen more.  Circle is the first publicly listed company to conduct a token presale, an early sale of digital tokens before a blockchain goes live. CEO Jeremy Allaire said Arc represents Circles push beyond stablecoins into blockchain infrastructure and internet-scale financial software.  What Arc is and how it works  Arc Network is designed specifically for stablecoin transactions and offers features such as stablecoin gas payments and sub-second transaction finality. Its public testnet, launched last October, processed more than 150 million transactions within its first 90 days, with average settlement times of roughly half a second.  The stablecoin issuer plans to launch a native token for its Arc Network, according to its Q3 2025 earnings release. The

05-11Industry

Will Pi Network price drop back to $0.15 as it forms bearish divergence?

The chart also shows a developing bearish divergence between price and the MACD indicator. While PI attempted several short-term rebounds in recent weeks, the MACD histogram and signal lines continued weakening, suggesting bullish momentum has steadily faded underneath the surface.  Meanwhile, PI remains below the key 23.6% Fibonacci retracement level near $0.195 and continues hovering close to the lower end of the retracement range. Failure to reclaim that resistance area may encourage sellers to maintain control over the near-term trend.  The Supertrend indicator has also flipped bearish again, with resistance now sitting near the $0.185 region. As long as price remains below that level, downside risks could continue dominating short-term sentiment.  If selling pressure accelerates further, PI could revisit the major support zone near $0.163, which aligns with the 0% Fibonacci retracement level shown on the chart. A breakdown below that area may expose the token to a deeper correction toward the psychological $0.15 level.  On the upside, bulls would need to reclaim the $0.195 resistance region to invalidate the bearish setup and potentially reopen the path toward the 38.2% Fibonacci retracement level near $0.215.

05-11Industry

Top 5 Coins Investors Are Exploring Right Now, Including Little Pepe (LILPEPE)

Finance  Top 5 Coins Investors Are Exploring Right Now, Including Little Pepe (LILPEPE)  This time, the crypto space finds itself in a stage where conviction is more important than buzz. Having gone through some tough months with mixed performance, the crypto community narrows its interest to only a few cryptos which either exhibit strength, culture, or simply have upside potential.  The Assets and Their Notable Movements   It is difficult to talk about market direction without mentioning Ethereum (ETH). ETH continues to dominate in the space of DeFi, NFTs, and other on-chain solutions. The adoption of scalability via the use of rollups and Layer-2 solutions has started to alleviate concerns regarding gas fees. ETH is all about positioning rather than speculative short-term price action right now.  Solana (SOL), on the other hand, seems to be making some progress with its brand in the last year, and it seems that their efforts are paying off since faster transaction times and decreased fees have brought developers into play. It is fascinating how quickly sentiments can shift with performance matching expectations.  The return of meme coins, NFTs, and DeFi protocols to Solana means that the platform is once again considered a high beta investment.  Dogecoin, which defies conventional valuation models,

05-11Industry

SUI Price Prediction: SUI Climbs 33% as Bulls Target $1.50 Breakout Zone

Tech  SUI Price Prediction: SUI Climbs 33% as Bulls Target $1.50 Breakout ZoneSUI holds above key support as bulls target another breakout toward $1.50Rising open interest signals renewed speculative momentum returning to SUIBalanced spot flows suggest selling pressure across SUI continues easing  Sui (SUI) continues strong bullish momentum despite a recent pullback from its local high near $1.46. It currently trades at $1.26, posting an 11.78% daily gain and a 33.71% weekly increase. Trading volume stands at $2.87 billion, showing strong market participation and renewed interest. Additionally, market capitalization reaches $5.03 billion, highlighting expanding investor confidence.  Bulls Defend Key Support After Sharp Rally  SUI recently faced rejection near the 0.786 Fibonacci level after touching highs around $1.46. However, buyers quickly defended the pullback, preventing a deeper correction from developing. The current structure still favors bulls because the 20, 50, 100, and 200 EMAs remain fully aligned upward.  Additionally, price continues holding above the important $1.18 to $1.20 support region. Analysts consider this area critical for maintaining bullish continuation during the current consolidation phase. If buyers maintain control above this zone, SUI could revisit resistance near $1.37 before attempting another breakout toward $1.50.  SUI Price Dynamics (Source: Trading View)  Moreover, the Bollinger Band %B indicator suggests overheated momentum

05-11Industry

Japanese Yen : Intervention support and rate path – Rabobank

Finance  Japanese Yen : Intervention support and rate path – Rabobank  Rabobank‘s Senior FX Strategist Jane Foley discusses the Japanese Yen (JPY), noting that expected endorsement from the United States (US) Treasury for recent Ministry of Finance (MoF) FX intervention should support the currency in the near term. However, Foley argues USD/JPY will only convincingly move lower if Japan’s fundamentals strengthen further and the Bank of Japan (BoJ) continues tightening policy, alongside a dovish Federal Reserve (Fed) outlook.  Yen support hinges on policy trajectory  “The visit of US Treasury Secretary Bessent to Japan this week is widely expected to bring an endorsement of the MoFs recent FX intervention.”  “Confirmation that the US Treasury has supported the recent steps taken by the MOF to support the JPY would likely keep it underpinned in the near-term.”  “Further out, however, the market will need greater reassurance regarding a strengthening in Japans fundamentals for USD/JPY to convincingly turn lower. This would almost certainly include a continued tightening of monetary policy in Japan.”  “In any case the market already sees a strong chance that the BoJ will hike rates again in June, after three policy makers dissented in favour of higher rates at the April policy meeting.”  “Expectations that the US Treasury will

05-11Industry

April home sales disappoint as higher mortgage rates weigh on buyers

Finance  April home sales disappoint as higher mortgage rates weigh on buyers  Prospective buyers arrive during an open house in Rancho Cucamonga, California, US, on Saturday, May 9, 2026.  Kyle Grillot | Bloomberg | Getty Images  Sales of previously owned homes in April were essentially flat compared with March, rising just 0.2% to 4.02 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Housing analysts were expecting a gain of more than 3%.  April sales were unchanged year-over-year. This count is based on closings, so contracts likely signed in late February and March. The average rate on the 30-year fixed mortgage ended March in the high 5% range, according to Mortgage News Daily, and then shot up sharply, due to the start of the U.S.-Israel war with Iran.  “Despite mixed macroeconomic signals—including a record-high stock market and historically low consumer confidence—home sales were modestly boosted by the continued improvement in housing affordability,” said Lawrence Yun, NARs chief economist, in a release. “Mortgage rates are lower from a year ago, and average income growth is outpacing home price gains.”  Inventory in April rose 5.8% from March, but was up just 1.4% from the previous April to a 4.4-month supply. That is still

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