Invest ideasNews
8 Jun 2026, 12:05
British Pound Forecast: ING Sees Further Losses Against Euro and US Dollar
BitcoinWorld British Pound Forecast: ING Sees Further Losses Against Euro and US Dollar Currency analysts at ING have issued a fresh forecast suggesting the British Pound is likely to weaken further against both the Euro and the US Dollar in the coming weeks. The projection, outlined in a recent note to clients, points to persistent economic pressures and diverging monetary policy expectations as key drivers behind the anticipated decline. ING’s Outlook on Sterling ING’s foreign exchange strategy team argues that the Pound remains vulnerable due to a combination of factors. The UK economy continues to grapple with sluggish growth, while inflation, though easing, remains above the Bank of England’s target. This creates a challenging environment for the currency, particularly as the market prices in potential interest rate cuts from the Bank of England later this year. In contrast, the European Central Bank and the Federal Reserve are expected to maintain a more cautious approach to easing, keeping their respective interest rates higher for longer. This policy divergence is a core reason for ING’s bearish view on GBP/EUR and GBP/USD. Key Drivers Behind the Forecast Several specific factors underpin ING’s analysis. First, the UK’s fiscal position remains under scrutiny, with limited headroom for government spending. Second, consumer confidence and business investment data have shown signs of stagnation. Third, the strength of the US economy, supported by robust employment data, continues to provide a tailwind for the Dollar. For the Euro, ING notes that while the Eurozone faces its own growth challenges, the ECB’s commitment to data-dependent policy is seen as more supportive for the single currency than the BOE’s outlook is for Sterling. Market Implications for Traders and Businesses For currency traders, ING’s forecast suggests a potential opportunity to position against the Pound. Businesses with exposure to GBP-denominated imports or exports should also take note. A weaker Pound would increase the cost of importing goods from the Eurozone and the US, potentially feeding into UK inflation. Conversely, UK exporters could see a temporary boost in competitiveness. The forecast also has implications for UK consumers, particularly those planning travel abroad. A declining Pound means that holidays in the Eurozone and the United States will become more expensive in the near term. Conclusion ING’s analysis presents a clear and cautious outlook for the British Pound, driven by macroeconomic fundamentals and policy divergence. While currency forecasts are inherently uncertain, the rationale provided by ING highlights the structural challenges facing the UK economy. Traders and businesses should monitor upcoming UK inflation data and central bank communications for further confirmation of this trend. FAQs Q1: Why does ING expect the British Pound to fall? ING cites a combination of slow UK economic growth, expectations of Bank of England interest rate cuts, and stronger economic performance in the US and Eurozone as primary reasons for the Pound’s expected weakness. Q2: How low could the Pound go against the Euro and Dollar? ING’s note did not specify exact numerical targets in the provided content, but the analysis suggests a trend of gradual depreciation rather than a sharp crash. Traders should watch key support levels. Q3: What does a weaker Pound mean for UK consumers? A weaker Pound increases the cost of imported goods and makes foreign travel more expensive, particularly to the US and Eurozone. It can also contribute to domestic inflation. This post British Pound Forecast: ING Sees Further Losses Against Euro and US Dollar first appeared on BitcoinWorld .
8 Jun 2026, 12:02
Expert: This Anticipated XRP Retest Could Trigger 2,289% Price Rally. Here’s why
Crypto analyst ChartNerd (@ChartNerdTA) believes XRP is following a path that resembles the period before its 2017 rally. He stated that the highly anticipated XRP retest he previously discussed is “well on its way to mimicking the same pre-2017 reset signals.” The chart highlights a breakout above a long-term descending trendline, followed by a consolidation area he labeled as the retest. ChartNerd also wrote that “Macro FIB extensions still remain between $8/$13/$27 once we mark this cycle bottom.” The post adds that “H2 2026 is the time to be opportunistic,” placing the focus on the second half of 2026 rather than an immediate move. The highly anticipated $XRP "retest" that we analyzed back in April is well on its way to mimicking the same pre-2017 reset signals. Macro FIB extensions still remain between $8/$13/$27 once we mark this cycle bottom. H2 2026 is the time to be opportunistic – #NFA https://t.co/t2d92FAUL0 pic.twitter.com/UMCpKKoR8C — ChartNerd (@ChartNerdTA) June 7, 2026 Comparing Two Market Cycles The chart presents a side-by-side comparison between XRP’s earlier price cycle and the current structure. In the smaller historical section, XRP breaks above a descending trendline before returning to test that breakout level. After that consolidation and the asset retesting the top of that trendline, the chart shows its sharp advance in 2017. The larger section applies the same concept to the current market. XRP moved above another descending trendline during its rally in late 2024 . Following this move, XRP rose to an all-time high before entering an extended decline. The analyst appears to view this decline and consolidation phase as part of a repeating pattern rather than a reversal. The chart suggests that the historical sequence serves as a model for what could follow if the pattern continues. Fibonacci Levels Set the Next Price Zones ChartNerd’s analysis places significant attention on Fibonacci extension levels. The chart displays targets at approximately $8.42, $13.68, and $27.47, which correspond to the 1.272, 1.414, and 1.618 extension levels shown on the graphic. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The chart also includes a comparison image of a triangle breakout strategy on another market. In the context of the XRP chart, this reinforces the idea that the highlighted consolidation phase could give way to a massive surge if XRP retests the descending trendline and holds above it. What ChartNerd Expects Next for XRP Based on the post and chart, ChartNerd expects the current retest phase to continue following the structure seen in XRP’s 2017 advance. The analysis centers on a breakout, a retest of that breakout area, and then a potential move toward the Fibonacci extension levels shown on the chart. The timeline also stands out. Rather than focusing on the coming weeks, the analyst specifically highlighted the second half of 2026. This gives investors some time to accumulate at low prices before the rally begins. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Expert: This Anticipated XRP Retest Could Trigger 2,289% Price Rally. Here’s why appeared first on Times Tabloid .
8 Jun 2026, 12:02
A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over
The metric shows bitcoin's market price is getting close to its realized fair value after the recent sell-off.
8 Jun 2026, 12:00
Bitcoin Crash Says Liquidity Is Dying As May Job Report Comes Back With Staggering Numbers
Bitcoin’s weekend crash below $60,000 can be linked to a deeper meaning relating to the May 2026 jobs report that came in far stronger than expected. The report from the US Department of Labor shows a resilient labor market, but it also complicated the liquidity that risk assets had been trying to price in, leaving Bitcoin exposed at a time when confidence across crypto is already very low. May Jobs Report Lands Very Strong The Bureau of Labor Statistics reported on Friday that US employers added 172,000 jobs in May, more than double the consensus estimate of 85,000 from economists polled by LSEG. The unemployment rate held steady at 4.3%, which would have been enough to rattle rate-cut expectations. Interestingly, there were revisions to the job numbers in prior months, which added a further 93,000 jobs to the March and April tallies combined, with March revised up to 214,000 and April revised up to 179,000. The print was the second-strongest in over a year, and investment markets adjusted immediately. Following the release, Polymarket increased the probability of a Federal Reserve rate increase before year-end to 53%, while the CME FedWatch tool shows a 42.7% chance that rates will be higher by December. As it stands, prediction markets are pricing roughly a 68.8% probability of zero rate cuts in 2026. Goldman Sachs Asset Management’s Lindsay Rosner, head of multi-sector fixed income investing, called the report a Payroll Blowout, and said the Fed has gained more and more confidence that it does not need to worry about the labor market. Bitcoin’s Liquidity Is Braking Down The Kobeissi Letter captured the scale of the reaction by noting that the S&P 500 erased nearly $2 trillion in market cap just hours after what it described as the third-strongest US jobs report in 18 months. The same post also noted that Bitcoin is now down more than 50% from its October 2025 record high, with the bear market gaining momentum this week and crushing risk appetite. The brief crash below $60,000 over the weekend also showed that traders are reacting to a broader message that liquidity is drying up. Spot Bitcoin ETFs have been dealing with heavy outflows in recent weeks, reducing one of the most important sources of marginal demand that supported the cryptocurrency during its rally in early May. However, Bitcoin bulls may still have one reason to stay hopeful. Bitcoin slipped through its 200-week moving average over the weekend, which currently sits at $61,000, leading to its first major interaction with the level since 2022. Data from Coinglass shows that Bitcoin has historically found bear-market bottoms around the 200-week moving average across major cycles between 2015 and 2020. The last time Bitcoin tested this line was in June 2022, making the latest breach, almost four years later, a notable moment in the current downturn. Standard Chartered’s global head of digital assets research, Geoff Kendrick, told clients on June 4 that the bear market may be in its final stages, noting that the recent painful week of price action might be the buying zone we all wanted when Bitcoin returns to $100,000 and Ethereum returns to $4,000.
8 Jun 2026, 12:00
XRP To $1 Or A Violent Reversal? Analyst Says Liquidity Setup Is Flashing
XRP is approaching a decisive liquidity zone after a brutal market-wide crypto flush, with analyst Will Taylor (@CryptoinsightUK) arguing that downside liquidity has largely been swept while larger pools may now sit above price. The setup comes as crypto sentiment has deteriorated sharply following roughly $5 billion in liquidations across the market. XRP Battles Long-Term Downtrend In the latest edition of The Weekly Insight, Taylor framed the current XRP structure as part of a broader capitulation event rather than an isolated altcoin breakdown. Bitcoin, Ethereum and XRP have all moved into areas where major liquidity has been taken, according to the analyst, raising the question of whether the market is preparing for another leg lower or setting up for a violent reversal. For XRP, the key level remains the liquidity band near $1. The analyst noted that the token still has downside liquidity in that region, but argued that it looks modest when measured against the larger liquidity pools sitting above current price. “The discussion is very similar for XRP,” Taylor wrote. “If you zoom in slightly further on the XRP liquidity chart, there is still a liquidity band sitting around the $1 area. However, when you zoom out and compare it to the larger timeframe liquidity pools above us, it becomes relatively insignificant.” Related Reading: Institutions Are Loading Up On XRP, But Liquidity Tells A Different Story That does not mean the chart has already resolved bullishly. Taylor emphasized that XRP remains trapped in a broader downtrend that has been in place since August 2025, making the current area a critical test of market structure. A failure to reclaim momentum could leave the $1 liquidity band exposed. A successful hold, however, would support the argument that sellers have already done most of their work. The analyst’s broader thesis is that the market has entered a liquidity-driven inflection point. Bitcoin has swept key hourly downside liquidity, Ethereum has backtested a trend line while clearing much of its daily liquidity below price, and XRP’s remaining lower pool appears less significant than what sits above. In that context, the recent liquidation wave may have reset positioning enough to create the conditions for a stronger move. “One positive factor is that we have just experienced a significant liquidation event, with roughly $5 billion worth of liquidations across the market,” Taylor wrote. “Historically, events of that magnitude tend to occur very close to important lows, if not directly at them. Again, that does not mean we cannot see another flush lower, a marginally lower low, or even continued downside.” Related Reading: XRP To $0.70 Next? The Case For Another 40% Crash The caution is important. The analyst repeatedly stressed that crypto could still see continued volatility, especially if instability in equities spills over into digital assets. The newsletter pointed to a stronger DXY, US 10-year yields near 4.532%, and an overextended Nasdaq as macro factors that could continue pressuring risk assets. Yet the report also argued that the crypto market may be closer to a transition point than sentiment suggests. Taylor said the next phase of the market could be defined less by broad speculation and more by utility, with institutions assigning value to networks based on usage rather than narrative alone. “My view remains the same,” the analyst wrote. “I continue to believe that all of this is happening because the next phase of the market is going to be the utility phase. The institutions entering this market are not playing the same game that retail has been playing for the last decade.” At press time, XRP traded at $1.14. Featured image created with DALL.E, chart from TradingView.com
8 Jun 2026, 12:00
XRP price prediction: $1 in focus after hitting 19-month low
After reaching a peak of $3.65 in July 2025, XRP has fallen about 68.5% and now trades near $1.14, a level not seen in roughly 19 months. The recent decline has accelerated, with XRP down 11.8% over the past week and nearly 18.9% over the last 30 days. The sharp selloff has shifted attention to the psychologically important $1 level, which many traders now view as the next major support zone. Whether XRP can hold above current levels may depend on broader crypto market sentiment, particularly the performance of Bitcoin, as well as the network's ability to regain momentum in areas such as tokenisation and institutional adoption. The technical picture is not pretty From a technical perspective, XRP has broken below the $1.27 level, which had previously served as an important support zone and now appears to be acting as overhead resistance. Although the token rebounded from around $1.05 to $1.14, the recovery was accompanied by a roughly 44% decline in trading volume. Analysts often view this type of price action with caution, as a rebound on falling volume can indicate limited buying conviction. Momentum indicators also reflect the recent weakness. The 14-day Relative Strength Index (RSI) has fallen below 31, placing XRP in oversold territory. While oversold readings can sometimes precede a relief rally, they can also persist during strong downtrends, meaning traders will likely look for confirmation from price action and volume before calling a durable bottom. 200-EMA and RSI indicators on the XRP price chart While the oversold condition might suggest a bounce is overdue, oversold conditions without volume confirmation do not reverse a trend; they just slow it down. On the weekly chart, XRP is trapped inside a descending parallel channel that has capped price action since its 2025 peak. The Aroon Down indicator is sitting near 85.71% versus an Aroon Up of just 35.71%, which shows sellers have maintained control of the trend throughout. The daily and weekly MACD remains below zero, with the signal line above the MACD line, another sign the larger bearish structure is still intact. MACD and Aroon indicators on XRP price chart The 200-day moving average, sitting at $1.6179, is now a distant ceiling, and the more immediate battle is around $1.10. A daily close below $1.10 could push XRP toward $1.09, and a breakdown through $1.09 would open the door to sub-$1 price action. Ali Martinez, a widely followed crypto analyst, has already flagged $0.90 as his key level to watch, describing it as a potential long-term buying opportunity if XRP reaches it. https://twitter.com/alicharts/status/2063637856888000802?s=20 XRP’s on-chain metrics crumble Part of the long-term investment case for XRP has been its exposure to the growing real-world asset (RWA) tokenisation market. The XRP Ledger (XRPL) has often been viewed as a potential platform for institutional asset management, particularly as the tokenised asset market is projected to expand significantly over the coming years. However, several on-chain indicators have recently weakened. According to data cited by The Motley Fool, the XRPL currently hosts about $384.5 million in tokenised assets, down 11% over the 30 days ended June 5, interrupting a prolonged period of growth. More notably, 30-day tokenised asset transfer volume on the network has fallen 59% to roughly $54.1 million. Lower transfer activity can reduce fee generation and capital flows, potentially weakening one of the key arguments for XRPL’s role in the tokenisation sector. XRPL’s share of the tokenised asset market now stands at just over 1%, while competing blockchain networks continue to gain ground. There are, however, some counterbalancing trends. The number of RWA holders on XRPL increased 275% over the same 30-day period to 105 holders, while stablecoin transfer volume on the network rose 118% to $4.5 billion. The data suggests that capital activity on XRPL remains healthy overall, although growth is increasingly being driven by stablecoin usage rather than the tokenised asset segment that many XRP bulls have highlighted as the network’s key differentiator. What will determine the next XRP price movement The most immediate macro catalyst is the US CPI data due on June 10. Hotter-than-expected inflation would likely push the Federal Reserve further away from rate cuts, strengthening the dollar and putting additional pressure on risk assets, including crypto. XRP has already been weighed down by stronger labour market data that reduced rate-cut expectations, as well as a spike in WTI crude oil above $94 per barrel following renewed military exchanges between Iran and Israel. The post XRP price prediction: $1 in focus after hitting 19-month low appeared first on Invezz
