Currency market on December 6: the NFP Friday
Black Friday for the currency market: the Non-Farm Payrolls are out!
GBP/USD has risen by more than 90 pips
The remarks by Nigel Farage during the Brexit party's election event have sent the British pound higher. Despite the disagreement with Boris Johnson's deal, Mr. Farage noted that the party would not contest 317 seats that Conservatives won during the last election.
On H4, GBP/USD has tested the 1.2897 resistance level above the crossover of 50- and 100- period SMAs. At first, bulls need to break the 1.2874 level. and push the cable towards 1.2897. The next resistance in focus will lie at 1.2926. If bears take over the market, the pair will slide downwards to the support at 1.2770.
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Currency market on December 5
The GBP is surging, the AUD inched lower and the MXN has strengthened
Boris Johnson drives the GBP up
The British pound has rallied versus the other major currencies on the growing expectations that Prime Minister Boris Johnson would win a majority at December 12 election.
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Currency market on December 6: the NFP Friday
Black Friday for the currency market: the Non-Farm Payrolls are out!
Currency market on December 5
The GBP is surging, the AUD inched lower and the MXN has strengthened
Boris Johnson drives the GBP up
The British pound has rallied versus the other major currencies on the growing expectations that Prime Minister Boris Johnson would win a majority at December 12 election.
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