The most impactful releases of this week will fill the market with volatility and sharp movements. Be ready to take action!
The GBP gains on the announcement of the next Prime Minister
Earlier, than it was expected: Boris Johnson is announced a new prime minister of Great Britain. He won 92,153 votes among the members of the Conservative party.🇬🇧 The British pound gained after the announcement. At the moment the cable is testing the resistance at 1.2475 on H4. The next resistance lies at 1.2495. Bears need to pull GBP/USD below the 1.2449 level towards the support at 1.2422 to restore their movement.
We prepared an outlook of major events of this week. Check it and be ready!
The Japanese yen fell to its lowest level against the US dollar in 33 years. Read the full report to learn the next target for USDJPY!
The US stock market fell in the third quarter. What's going on and why economists think that the last quarter will be better? Let's discuss it all here.
BlackRock CEO forecasts the Fed may have to raise rates further. The US dollar index (DXY) gains 130 points today. Read the full report to get more fresh news and technical analysis!