Some trends will get broken this week - watch the video for essential tactical information in the fields of Forex!
Tag - gbp
U.S. stocks are set to open lower Friday, continuing the recent selloff with investors' confidence hit by a combination of pandemic, economic and political worries
The number of Americans applying for initial unemployment benefits came in at a larger-than-forecast 870,000 last week, signaling that the recovery in the labor market is losing momentum as the coronavirus pandemic lingers and layoffs continue apace.
The GBP is likely to move upward until it reaches the resistance of 1.2795.
Watch the video to discover the economic drivers and the technical levels for the key currency pairs!
The dollar hit a two-month high against its developed-market peers..
The GBP struggles as Great Britain imposes fresh lockdown measures in order to prevent the spreading of Covid-19.
UK's Raab supports that virus restrictions are serious, proportionate
The US dollar has broken through the key resistance, it failed to cross since March so far. Riskier assets are dipping. Let’s discuss it in detail.
The dollar index was up late Tuesday afternoon in Asia, extending the 0.8% gain in the previous session, when COVID-19 fears and worries over the US Congress’ stimulus impasse drove a selloff across other assets.
Bank of England Governor Andrew Bailey delivered a speech today. Let’s discuss what it means for a trader.
Services and Manufacturing PMIs are out on Wednesday at 11:30 MT time.