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
United-kingdom
Scotland
British
Christopher-vecchio
Nicola-sturgeon
Boris-johnson
Sterling
Brexit-deal-overview
British-pound
First-minister-nicola-sturgeon
United-kingdom-prime-minister-boris-johnson
Estop-trade
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
James-stanley
Gold-price-outlook-talking-points
Ware-gold
Bullish-gold
Estop-trade
Central-banks
ஜேம்ஸ்-ஸ்டான்லி
தங்கம்-ப்ரைஸ்-ஔட்லுக்-பேசுகிறது-பாயஂட்ஸ்
உள்ளன-தங்கம்
மேல்-வர்த்தகம்
மைய-வங்கிகள்