Is the dollar raising its head temporarily, or it’s a trend changing A month full of events and surprises – as expected….. The question is whether there is a replay here: Similar moves in a number of sectors that occurred in 2014 + _ Such as gold and coins I have already talked about gold and mentioned it And again…
GBP USD TECHNICAL ANALYSIS GBP/USD accelerated to as high as 1.3514 last week after election-The pound has pushed the rise to record its best level since May 2018 following the result, But important questions remain unanswered – UK-Europe trade talks route remains a major unknown factor for now Possible Correction to the Downside should be contained above 1.3160 support to…
GBP USD TECHNICAL ANALYSIS The dollar slumped as markets expressed disapproval of the White House on the U.S.-China trade talks and a U.S. decision to hit French and Brazil exports with new tariffs this stage enabled the Pound-to-Dollar rate to again test a key resistance 1.30 level on the chart- what next: voting intentions ahead of the December 12 general…
GBP USD ANALYSIS The pound jumps to as high as 1.2707 last week as rising from 1.1958. Break up 1.2830-1.2920 levels will target 1.3250, while break down below 1.2530 support will turn intraday to lower points- once again on hopes and expectations what’s new? Both sides are close to a deal, but it is unclear if Johnson will continue receiving…
GBP USD TECHNICAL ANALYSIS GBP USD jumps sharply above the last record on 25.1.2018 barrier boosted by expectations that the Bank of England will raise interest rates and positive vibes from Brexit negotiations Technical analysis:Long-term chart is showing to us that As long as GBP USD will stay above 1.360+_ Key support the trend is up, the medium-term outlook in…
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…
