GBP USD ANALYSIS GBP USD jumps sharply and broke above 1.40 barrier on news that Brexit transition deal is agreed, Its a Busy week for the British pound: cpi , rate decision , Brexit talksThe legal text of the agreement is expected to be delivered to the EU summit on Thursday and Friday for final ,the date for the transition…
GBP/USD TECHNICAL ANALYSIS UPDATE busy week for the British pound: inflation, employment, and sales dataWill the Brexit divorce talks be judged to have reached the point at which discussions on future trading arrangements with European Council can begin? It looks unlikely but investors will nevertheless be paying close attention to the meeting of the EU’s leaders on Thursday and Friday…
Pound Dollar Technical analysis forecast update All eyes will now be on the Bank of England’s today meeting at which policymakers are due to vote on interest rates. Members of the nine-person Monetary Policy Committee have warned that their tolerance for higher inflation, despite the weakness of the overall economy, is limited After the Brexit vote, growth was strong but…
Is the Pound Dollar facing a multi-year trend change? A nightly level occurred in the United States when two other Republican senators announced they were withdrawing their support for Trump’s health reform, effectively eliminating the president’s chances of passing the reform he has promoted in recent months. For his ability to carry out other reforms such as tax reform or…
Sterling British pound rates analysis due the upcoming elections The main event this week is the UK’s General Election. Voting takes place on Thursday, June 8th, with an exit poll due shortly after 22:00 (BST) and results to filter through over Friday morning. When Theresa May called the snap vote on April 18th, the pound rallied from just above the $1.25…
GBP/USD cross up 1.30 price level, technical analysis forecast update So many words were written here about the GBP/USD – What will happen to the Pound after Brexit? GBP/USD has cleared resistance the 1.3000 level today, reaching the level since late September 2016 due to good data: UK Retail Sales volume surged 2.3% in April, compared to the consensus forecast for an…
Will the GBP USD find its price above 1.30 Today Will post some major economic data on England BOE Inflation ReportMPC Official Bank Rate VotesMonetary Policy Summary Sterling faces a key test on Thursday as the Bank of England meets to decide monetary policy for the first time since inflation jumped above the target level. GBPUSD is hovering around a…
What is the next step for GBP/USD price? K PM Theresa May is out on the wires now, via Reuters, issuing a scheduled statement at the press conference in Downing Street. Key Headlines: Election to be held 8th June, Britain is leaving EU and there can be no turning back, other parties oppose the government’s Brexit approach The announcement was…
pound sterling analysis after Brexit Brexit – countdown to the UK’s historic EU breakaway will begin on Wednesday March 29, 2017, Theresa May informed the European council that she will trigger article 50 on Wednesday 29 March. Reasons Brexıt was listed on the board of GBPUSD It is impossible for Britain to leave the EU until Article 50 is triggered…
FTSE 100 Index Technical Analysis FTSE 100 perform new record, what next … UK INDEX pushed higher Wednesday, aided by a fall in the pound against the U.S. dollar, as expectations rose for a U.S. interest rate increase in March.The FTSE 100 climbed 0.6% to 7,304.42. the pound dropped below $1.24. The greenback marched higher, as the odds of a March interest…