Brexit Latest: Deal Fails to Inspire GBP/JPY, GBP/USD Breakouts Advertisement
Brexit Deal Overview:
It’s the first full trading day since the Brexit deal was announced and the British Pound is trading…lower? Both GBP/JPY and GBP/USD rates have endured losses on the session.
Concerns about a Brexit leading to a potential breakup of the United Kingdom are starting to make their way back into conversation.
Retail trader positioning suggests a mixed bias to GBP/USD, but a bullish bias to GBP/JPY rates.
Brexit Deal’s Unintended Consequences
It’s the first full trading day since the Brexit deal was announced and the British Pound is trading…lower. That seems like a surprise, insofar as instances of negotiations teetering proved to drag down Sterling. That there hasn’t been a more positive reaction in the GBP-crosses could be a result of the illiquid holiday trading conditions; on the other hand, there has been plenty of volatility in the US Dollar tod
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Gold Price Outlook: XAUUSD Ready to Run - but Which Way? 2020-12-14 16:30:00 James Stanley, Senior Strategist
Gold Price Outlook Talking Points:
Gold prices have opened the week at a key support level around the 61.8% retracement of the June-August major move.
Short and Long-term strategies may favor Gold strength, while intermediate-term strategies may continue to look for bearish swing scenarios.
The analysis contained in article relies on price action and chart formations. To learn more about price action or chart patterns, check out our DailyFX Education section. Advertisement
Gold prices have now spent more than the past four months digesting after this summer’s bullish run. And to jog the memory, that bullish run over the summer saw Gold prices go into historical levels of overbought behavior as buyers just would not stop. But, after crossing the $2,000 level for the first time
or try to reach their families. for nasir despite the risks he knows he has to head home he has to at least try. more on pakistan certain reaction from. pakistan has previously denounced this move as illegal and has just announced that it s downgrading diplomatic relations with delhi so what effects is based likely to have. well the pakistani foreign minister has announced a little while ago that it is expelling india s high commissioner it is also calling its high commissioner from delhi that s what they mean by downgrading diplomatic ties they haven t said they re breaking alter ties they re downgrading them for no buckstone has also said that it s going to review bilateral arrangements but india and it is going to stop trade with india pakistan and india already do not have much direct trade going on so that s not going to have
despite the death he north he have to head home he has to at least try. to get more on pakistan certain reaction from jilani from date of losing asia desk 0 welcome pakistan has previously denounced this move as illegal and has just announced that it s downgrading diplomatic relations with delhi so what effect is base likely to have. when the pakistani foreign minister has announced a little while ago that it is expelling india s high commissioner it is also calling its high commissioner from delhi that s what they mean by downgrading diplomatic ties they haven t said they re breaking all ties they are downgrading them for no buckstone has also said it if it s going to review bilateral arrangements but india and it is going to stop trade with india not pakistan and india already do not have much direct trade going on so that s not going to have a huge effect i mean essentially if you if you followed india and pakistan as long
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