The UK Economy

Sterling Advances Barely Hours To UK Elections As Latest Poll Predicts Conservatives Win

Dec 11 2019 @ 06:40
In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]
 

GBPUSD Price: Following Recouping From The Low, British Pound Anticipates Upward Momentum

Dec 01 2019 @ 23:33
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
 

Guardian Stockbrokers Key Economic News Friday 29 November 2019

Nov 29 2019 @ 05:50
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house prices rose in November In the UK, the seasonally adjusted house prices advanced 0.50% on a MoM basis in November. The index had advanced 0.20% in the prior month. UK consumer confidence remained flat in November In the UK, the […]
 

Latest Releases May Push Recovery Past The Level At 1.30 Handle: What Next For GBPUSD?

Nov 04 2019 @ 04:05
GBPUSD Price Analysis – November 3 Due to recent news release, the GBPUSD pair may recover further past the horizontal line on the level at 1.30 handle. The pair exited the prior week higher at the level 1.2940. Trending about 28 pips higher after the open, the Cable was unable to hold its gains as […]
 

Brexit Aftermath: The Market Reaction Of Bitcoin, Gold And Pound Sterling To Headline News In The EURO Zone

Oct 21 2019 @ 07:11
After the UK made it public to exit from the EURO bloc, the market cap for Bitcoin and Gold has increased almost by $133 billion and $1 trillion. Is this the Brexit aftermath? As it is, the end may be near for Brexit. In the recent declaration an accord is reached between the British government […]
 

Despite Running To The Highest Close In Six Months, GBPUSD May Fail To Reverse

Oct 21 2019 @ 07:03
GBPUSD Price Analysis – October 20 The GBPUSD had closed on Friday above its opening price after recovering from early selling pressure and trending higher for the 4th day consecutively in a row. After failing to reverse from its highs, the FX pair is unstable and due to weekend UK parliament vote on Brexit, with […]
 

GBPJPY Reverses Its Sell-Off Around the Level at 130.75

Oct 13 2019 @ 09:19
In the prior session, the pair closed lower for the second day in a row, but currently, the GBPJPY displays a weakness further downside of the pair while retaining its wider medium-term outlook by temporal reversal on the level at 130.75. Key Levels Resistance Levels: 148.66, 137.80, 135.774 Support Levels: 130.75, 128.68, 126.54 GBPJPY Long […]
 

Bearish Momentum Returns on the EURUSD Just as Worse Than Expected News Release Halt Its Recovery

Sep 23 2019 @ 23:52
EURUSD Price Analysis – September 23 The eurozone keeps on battling, thus resulting in selling pressure on the EURUSD pair, as fragile worldwide conditions and the U.S-China trade dispute have negatively affected the manufacturing sector in Germany and the remainder of the alliance. On the off chance that the U.K. leaves Brexit without a bargain, […]
 

Guardian Stockbrokers Key Economic News Thursday 12 September 2019

Sep 12 2019 @ 05:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK house price balance rose in August In the UK, house price balance registered a rise to 4.00% in August, compared to a reading of 9.00% in the prior month. US mortgage applications rose in the last week In the US, mortgage […]
 

Guardian Stockbrokers Key Economic News Wednesday 11 September 2019

Sep 11 2019 @ 05:11
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK ILO unemployment rate unexpectedly dropped in the May-July 2019 period In the UK, the ILO unemployment rate dropped unexpectedly to a level of 3.80% in the May-July 2019 period, compared to market expectations of an unchanged reading. In the April-June 2019 […]
 
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