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EURGBP - GBPUSD Ascending Triangle Points to 1.40
GBPUSD ascending triangle points to 1.40 as per its measured move. The pair looks bullish here, providing it manages to close above resistance.
Biden alone can’t change risk sentiment
We therefore feel the markets are in a holding pattern between the positives of Biden coming in and the rollout of the vaccine, and the negatives of new virus strains and increasing deaths. Pfizer’s ...
Pound sterling testing local highs after inflation data
GBPUSD hit 32-month highs on Wednesday on a weaker dollar and was also helped by stronger-than-expected inflation in December.
ECB set to stay on hold, despite tightening virus restrictions
This enthusiasm over a new stimulus program is likely to filter into a positive European open later this morning, after the Bank of Japan kept its own monetary policy decision unchanged, ahead of ...
Pound Sterling gains as UK accelerated vaccine programme
UK is one of the first countries which starts a vaccination program in a race to contain the more contagious variant of coronavirus. The government aims to vaccinate 15 million people by mid February ...