GBP surges higher

Expert
  • GBPUSD bullish
  • Dollar Index stays positive
  • Please note, this video was made before the price moves from President Trump’s comments on tariffs and trade negotiations. 

Latest News

nikkei 225
Global equity index vulnerabilities

Global financial markets continue to react negatively to global trade war concerns. Asian, European and US equity averages have all rolled back lower this week into late May, damaging rebound effort made from mid-May. This sets the immediate risks lower and starts to resume the negative tone set during the significant selloff in the first … Continued

usdnok
USDNOK and EURNOK mixed short-term outlooks

USDNOK retains a positive short-term tone within a broader, intermediate-term range. EURNOK has a negative short-term bias, also in a neutral, intermediate-term environment. This tells us more about EURUSD than anything else, that the risks for EURUSD are to the downside. USDNOK upside threat A resilient consolidation for much of May, digesting the later April-early … Continued

Dow Jones
US equity averages cling to a positive tone

A consolidation theme has emerged for the major US (and in fact European) equity averages over the past 1-2 weeks, with no significantly new bad news emerging from the ailing US-Sino trade negotiations. This has allowed equity markets to rebound and ease bear forces from the aggressive selloffs seen in the first half of May. … Continued

usdpln
USDPLN breaking out for renewed bullish theme

Another push higher Tuesday and again into Wednesday, reinforcing the previous tentative breakout from the Ascending Triangle pattern above 3.8594 and 3.8644 resistances, leaving both short- and intermediate-term bull themes intact and aiming higher for Wednesday. The intermediate-term outlook is bullish, sustained by 2019 solid consolidation above the 38.2% Fibonacci retracement of the 2018 rally. … Continued


Forex Brokers in your location