-
GBP/USD Weekly Forecast: Cautious Optimism Signals a Brexit Deal is Near
Another turbulent week for the Pound with the currency falling 1.6% against the greenback. That said, GBP has not been weak across the board as EUR/GBP traded in a narrow range, given that the apparent improvement in the mood music regarding Brexit negotiations prompted some stability in GBP. Renewed lockdown measures in the UK and a pullback in risk appetite, which appears more seasonal thus far (figure 1) has capped GBP/USD. However, looking ahead, attention will be placed on the upcoming round of negotiations before the de-facto October 15th deadline at the EU Summit. Unlike a few weeks ago, trade negotiations ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Sep 25, 2020 3:07pm Sep 25, 2020 3:07pm
- Guest
- | IP XX.XXX.219.144
- Comment #2
- Quote
- Sep 25, 2020 3:43pm Sep 25, 2020 3:43pm
- OnlineAddict
- Joined May 2014 | Status: From1toMillion | 3114 Comments | Online Now
Everyone can see the chart, but only a few can actually read it.
From1toMillion EA All Time Return:
36,164.0%
- Comment #3
- Quote
- Sep 25, 2020 8:59pm Sep 25, 2020 8:59pm
- samdani786
- | Commercial Member | Joined Feb 2008 | 214 Comments
New Website-: elliottwavemaster.com
- Comment #4
- Quote
- Sep 25, 2020 9:41pm Sep 25, 2020 9:41pm
- 4for4
- | Joined Apr 2017 | Status: 38737526 / 29052019 | 269 Comments
Market is not random but unpredictable
- Comment #5
- Quote
- Sep 25, 2020 10:50pm Sep 25, 2020 10:50pm
- herewardwake
- | Joined Mar 2020 | Status: Member | 189 Comments
- Comment #6
- Quote
- Sep 25, 2020 11:04pm Sep 25, 2020 11:04pm
- samdani786
- | Commercial Member | Joined Feb 2008 | 214 Comments
New Website-: elliottwavemaster.com