Tag - gbp

Trading plan for January 17
Trading plan for January 17

British retail sales data is the main market driver of the day. Check levels for GBP/USD, EUR/GBP, AUD/USD, NZD/USD.

GBP: pressure points
GBP: pressure points

This week brought various economy news releases related to GBP. What is the layout of the British pound?

Weekly Market Outlook: January 13-17
Weekly Market Outlook: January 13-17

How did the US-Iran conflict end and what were the consequences for oil and gold prices? We examine these and other important events of the Forex market in the weekly market outlook from FBS, giving an outlook for the coming days and the ways to use it…

How to trade GBP/USD?
How to trade GBP/USD?

Last week GBP/USD has failed to stay above the 200-week MA (1.3065) for the second time.

Trading plan for January 13
Trading plan for January 13

Most of the majors didn't catch the chance to rise against the USD after the weaker-than-expected NFP release. Currently, the sentiment is determined by the signing of the US-China trade agreement.

EUR/GBP: a short-term idea
EUR/GBP: a short-term idea

EUR/GBP formed a candlestick with a long lower wick on the MN chart – a sign of reversal to the upside…

Central banks: no power to fight the recession?
Central banks: no power to fight the recession?

What if the market uncertainties prevail and the risks of the recession renew? The central banks should have more opportunities to stimulate the economy. However, low rates for most of the central banks and negative for some of them mean the banks are at the edge. 

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