Brexit Forecast: GBPUSD technical and fundamental outlook

GBP pairs are pushing higher on Wednesday ahead of an important Brexit summit in the evening. The two parties are yet to reach a compromise on the issues that continue to drag down negotiations. GBP is very much subject to the Brexit risks. The currency moves with Brexit headlines, positive and negative alike. As the […]

Vaccine and Brexit Optimisms drive Sterling to two months high

The Pound Sterling surged in the early hours of the London session with hopes that the Brexit deal will go through. GBPUSD hit a fresh two-month high on Monday. Three core events can be said to be responsible for the sudden rally. Reports that the UK could approve a coronavirus vaccination, better than expected Markit […]

US Election, Macroeconomics & Brexit – this week’s major Market Drivers

At the start of this week, the dollar continued the last week bullish moves across the FX board. Risk-off dragged the Aussie, NZD, and CAD further downside while Gold stays stable. Oil prices and the stock markets remain on the back foot with all eyes remain on the US election. Markets might squeeze in anticipation […]