1. syamfx2020

    DAILY MARKET REPORT - Thursday, Oct 15, 2020

    The British pound trading volatile ahead of the European Union summit on Thursday as investors waiting for further updates about the future of negotiations between the European Union and Britain. While the UK government hinted at its willingness to extend the Brexit negotiations beyond the...
  2. syamfx2020

    DAILY MARKET REPORT - Thursday, Oct 01, 2020

    The British pound plunged more than 100 pips during the European session after the EU and the UK failed to close differences in the latest round of trade talks. On the other hand, UK Manufacturing PMI reported 54.1 for the last month, slightly lower than expected. EQUITIES Wall Street ended...
  3. syamfx2020

    EUR/GBP trading above 3- month high as Brexit talks resume

    EUR/GBP trading above 3- month high, 0.9160. Moving ahead, the GBP traders will closely monitor the fresh updates from UK/EU trade negotiations. The important level to watch this week: Support: 0.9080 and 0.9000 Resistance: 0.9190 and 0.9280
  4. syamfx2020

    DAILY MARKET REPORT - Monday, June 15, 2020

    The British pound dropped to two week low of 1.2455 on Monday due to worries Brexit negotiations between Britain and the EU making no progress. Last week, both the EU and UK announced some progress in the negotiations, but no details were presented. This week the pound traders closely monitor a...
  5. syamfx2020

    The pound started this week with a positive note

    The GBPUSD falls to fresh one month low of 1.2080 on Monday after BOE official’s comments on negative interest rates. The price currently supported at 1.2080, any break below this level will open 1.2000 & 1.1970.
  6. fullertonmarkets

    Renewed Brexit Uncertainty Could Resurface

    As UK needs to race for trade deal with EU in next 11 months, short GBP/USD upon any rally. The most important aspect of the general election result is the removal of the Corbyn discount The pound fell last week and is on track for its worst week of the year as traders priced in renewed Brexit...
  7. C

    Brexit Election Variable Leverage Scam - FPMarkets

    In the last three days leading up to the UK General Election I was trading Oil and Eur/USD with your highly recommended broker FPMarkets. I managed to build up my account mainly through trading Brent Oil to around £25,000 see attachment below. Simultaneously I also trade with several other...
  8. S

    Big Week for the GBP

    Thursday’s UK general election is going to be closely watched by investors. If Boris Johnson’s Conservatives are able to secure a majority as polls last week predicted, the Pound exchange rate is likely to rise. Currently, the pound heading towards to 2019’s highs 1.3380 established last March...