The British pound has been notably strong over its peers recently. Will that lead to quick exhaustion of bulls? Not really. Read the article to know why.
Tag - gbp
Wow! There are so many events happening right now in the Forex market. Jump in to know!
S&P made a significant dip down while the WTI oil price moves upward this Thursday; we are expecting news from the OPEC+ about the oil supply increase. Will it go higher or lower than expected? That'll eventually drive the oil price in either direction - prepare your levels.
We have an aggressive GBP, recovering USD, bullish WTI oil, and some interesting moves in the stock market. Watch out those levels!
The poor labor data in combination with technicals pointing to the overbought area, GBP/USD has all chances to pullback down.
Will we see new dovish insights?
It looks like the final week of February will be volatile…
Watch the daily video to project the possible trajectory scenarios for the main assets in Forex and commodities in the mid-term!
Facebook blocked users in Australia from finding or sharing news. US retail sales came out much better than was expected. As a result, the US dollar surged. Watch the video to know the latest news and get some trade ideas for today!
The dollar gains against low-yielding currencies on Wednesday, hitting a five-month high against the yen as US bond yields jumped on the prospects of further economic recovery.
The US stock market was closed on Monday for Presidents Day, but February is still on track to be the strongest month for the major Wall Street indices since November.
EUR/GBP on track towards fresh nine-month lows. Cable stays on the hunt towards 1.4000 as the dollar keeps more vulnerable for now.