Let’s have a look at the economic calendar.
GBP/USD: outlook for March 13-17
The Bank of England is not expected to change its policy this week. The regulator may repeat that its next move may be “in either direction”. There was a deterioration in the UK economic figures, so hawkish statement is unlikely despite higher inflation.
Watch and find out how to trade EUR/USD and GBP/USD ahead of the ECB statement!
The market sentiment improved based on an ease of the trade war tensions between China and the US.
What if there's no uptrend or downtrend at the market? How to make money in a sideways market? FBS analyst Elizabeth Belugina will show you how to trade in ranges…