Archived IMT (2010.05.10)
GBP is 3rd BIGGEST LOSER in FX today (after JPY and USD). David Camerons Conservatives have signalled a willingness to partner their way into a majority but have not succeeded in ridding markets from what could be a prolonged period of hung parliament. The ensuing rally in global equities could well see another bounce in GBPUSD extending towards $1.5, but the presence of the trend line resistance at $1.5110 (from the Apr 27 high), is unlikely to be breached without a successful Tories/LibDem coalition. EURUSD faces imeediate resistance at $1.3140.
Gold Eyes 1680 ahead of G20
by Ashraf Laidi | Feb 21, 2020 18:08
3 Charts for GBP Traders
by Ashraf Laidi | Feb 21, 2020 13:18
Is Yen-Centric Risk Back?
by Adam Button | Feb 20, 2020 17:34
Why the Euro Keeps on Falling
by Adam Button | Feb 19, 2020 16:37
Forex Brokers' Share Price Performance
by Ashraf Laidi | Feb 19, 2020 12:17