Tag - gbp

February ahead: coronavirus has not stepped back
February ahead: coronavirus has not stepped back

Last month was mostly driven by market sentiment. The beginning of January was highlighted by the geopolitical crisis between the US and Iran. After the markets calmed down, the coronavirus that appeared at the end of 2019 spread causing depreciation of the risky assets and appreciation of the refuge assets.

Trading plan for February 3
Trading plan for February 3

US ISM Manufacturing PMI release will have an impact on the USD. Comments on the FTA between the UK and the EU are anticipated during the day.

The UK after Brexit
The UK after Brexit

Finally, it happened: on January 31, 2020, the UK officially left the European Union. It was a long way since June 2016 when the Brexit referendum took place. Many things have changed. Nevertheless, it’s not the end yet.

Trading plan for January 31
Trading plan for January 31

Brexit Deadline is the most significant event of the day. Plenty of European releases will affect the euro. Personel Income and Spending will affect the USD.

Trading plan for January 28
Trading plan for January 28

American Durable Goods Orders level is the most important event of the day, Check levels for USD/JPY, USD/CAD, GBP/USD, and NZD/USD…

Trading plan for January 23
Trading plan for January 23

The Aussie was boosted by the positive jobs data. The euro under pressure due to the ECB Meeting. Check levels for EUR/USD, EUR/GBP, USD/CAD, and AUD/USD.

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?

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