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GBPUSD - Europe set to plunge as new coronavirus cases climb
A fall through the 1.0720 opens up the prospect of a slide towards 1.0340. GBPUSD – failed to follow through above the 1.3000 level before slipping back again. We need to move above 1.3050, which is ...
London stocks struggle for traction as coronavirus dominates investor concerns
The FTSE 100 index flattened out on Wednesday after a string of losses that has brought its week-to-date loss to over 5%.
Global markets trying to shrug off virus fears again
We think what were seeing is a little bit of anxiety ahead of the release of the UKs negotiating mandate for trade talks with the EU (tomorrow) + a little bit of GBPUSD traders following EURUSD after ...
Brief Pound Sterling Rally Vs. Euro, Dollar Fades As UK-EU Trade Negotiations Look "Very Hard"
With such a robust response from Downing Street on Tuesday it was perhaps a surprise that Sterling managed to rally. GBPUSD actually managed to break above 1.3 after a gain of 0.7% before fading again ...
GBPUSD squeezed by descending channel [Video]
GBPUSD printed another lower low at 1.2848 on Thursday, making the case for a down-trending market more real. Also, the pair seems to be trading within a downward-sloping channel that has been keeping ...