GBP/USD gaps higher on Brexit optimism

GBP/USD gaps higher on Brexit optimism

2020-12-14 • Updated

2020_12_14_10_08_15_Template1_PowerPoint.png

GBPUSDM30 (3).png

2020_12_14_10_12_03_Template1_PowerPoint.png

GBPJPYM30,.png

Ichimoku Kinko Hyo

GBP/JPY: The pair is trading above the cloud. Further bullish pressure will lead the currency pair to retest the previous highs.

GBPJPYM30 (3).png

Fibonacci Levels

 XAG/USD: Silver consolidates above 38.2% retracement area since Friday. There is indecision between bulls and bears.

XAGUSDH4 (5).png

European Market View

 European stock markets are seen opening mixed Monday, with investors adopting a cautiously optimistic stance after Brexit negotiations were extended past the Sunday deadline. Asian equity markets began the week with a mild positive bias and US equity futures were also underpinned following constructive headlines over the weekend. Looking ahead, highlights include US Electoral College Voting, OPEC MOMR, ECB's Panetta, Schnabel. Elsewhere, the U.S. Food and Drug Administration granted authorization of the Pfizer/BioNTech Covid-19 vaccine late last week. The U.S. will see its first deliveries of the drug starting this week. 

There is also the possibility of additional fiscal stimulus in the U.S. with a bipartisan bill for a $908 billion Covid-19 relief package set to be introduced in Congress later in the day. 

EU Key Point

  • US lawmakers set to unveil two-part relief plan
  • EU's Barnier on Brexit supports that two conditions remain unresolved
  • US COVID Deaths rise by 1391 on Sunday to 299,489

LOG IN

Similar

Trade Ideas on September  6-10
Trade Ideas on September 6-10

Bitcoin At the end of the past week, Bitcoin broke through the big resistance level of $50 400 and reached $51 500 after the worse-than-expected US labor data…

Latest news

Virgin galactic: Buy When Everybody Sell
Virgin galactic: Buy When Everybody Sell

Latest news On September 29, Virgin Galactic announced that the Federal Aviation Administration has approved launches resume after an investigation about why its spaceship veered off course while descending during a July flight with founder Richard…

Deposit with your local payment systems

Be on top of your game

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Callback

A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Next callback request for this phone number
will be available in

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later

Don’t waste your time – keep track of how NFP affects the US dollar and profit!

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera