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GBP/USD now showing serious signs of a technical rally
Although the charismatic German finance minister Wolfgang Schaeuble has said that he will “agree to disagree” with Yanis Varoufakis over the matter of Greece’s renegotiation of its debt obligations, this uncertainty is being slightly overlooked by the market. The oil price seems to be front and centre once again with regards to driving trading sentiment. A roller coaster of a few days currently has the WTI price back higher again and equity markets have responded positively. Wall Street closed with strong gains, with the S&P 500 up 1%. Asian markets have also followed with the Nikkei gaining 0.8%. European ... (full story)
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