While the UK is in a deep economic crisis, there are brighter spots ahead. What are the implications for the GBP?
Tag - gbp
The risk sentiment in the market turns red after more European countries impose new measures to curb surging Covid cases
Will the US dollar be able to keep strengthening? What is the outlook for EUR/USD, oil, and S&P 500? Watch the weekly video to find out!
Deutsche Bank has raised its growth forecasts for the UK for the current year. It will drive GBP/USD further up!
The Forex market is volatile and a bit indecisive this Tuesday but we have the S&P finally opening the way to 4000 as it managed to cross the resistance of 3960!
So many meetings are going to move the currencies!
In a few days, primary Forex currencies will hear what their respective central banks think about the future - and we're about to trade it!
Yesterday, S&P surged to the all-time high of 3960, driven by Biden’s $1.9 trillion relief bill. Today the stock index has taken a break. Meanwhile, the US dollar is edging higher today, pressing down its peers.
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.
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!