Market updates on November 21
The news concerning the US-China phase one trade deal may determine the moves of the market.
Parliamentary Brexit vote may move the GBP
The endless Brexit loop continues to intrigue traders.Today, the main focus will be on the Parliamentary Brexit vote around 20:30 MT. If the deal by the UK PM Boris Johnson gets a good number of votes, the GBP may be supported. Otherwise, if the deal is rejected, the GBP will be under pressure. Reportedly, the second scenario may push Boris Johnson to call for an election. This news will also be negative for the GBP. At the moment, GBP/USD has been going up towards the 1.2985 level on H4. If the pound gets stronger, this level will be broken. Bulls will target the further resistance levels at 1.3011 and 1.3059. In case of a negative scenario, the cable will slide below the 1.29 level. Further support levels will be placed at 1.2864 and 1.2834.
Similar
Will the ECB monetary policy accounts affect the euro?
The ECB monetary policy accounts will be published at 14:30 MT time on November 21.
Will the RBA meeting minutes pull the AUD down?
The RBA meeting minutes will be released at 02:30 MT time on November 19.
Latest news
Market updates on November 21
The news concerning the US-China phase one trade deal may determine the moves of the market.
Market updates on November 20
The US dollar is under pressure down, the Canadian dollar is in the correction.
Market updates on November 19
Updates on the US-China trade deal are in focus
Deposit with your local payment systems
