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GBPUSD - Market outlook: Sentiment hangs on US-China trade talks
The outlook for the Pound remains clouded by uncertainty and this continues to be reflected in the currency’s valuation. GBPUSD remains under pressure on the daily charts. A breakdown below 1.2250 ...
Why a ‘Teflon’-coated U.S. dollar refuses to lose its luster
Meanwhile, the prospect of a further extension the U.K.’s current Oct. 31 deadline for leaving the European Union could weaken the British pound GBPUSD, -0.2034% by another 5%, Turner said. The ICE ...
FxWirePro: Valuations In Conjunction With Geopolitics Buzz Indicate Bearish Risks For Sterling – GBP Short Trade Perspectives
Trade tips: Initiated shorts in GBPCHF outright at 1.22 on September 27th. Stop at 1.2450. Marked at -0.21%. Stay short a 2M GBPUSD 1.1950/1.15 bear put spread at the beginning of August. Paid 0.66%.
China increasingly reluctant to agree to a broad trade deal with the US
GBPUSD re-tested Fridays chart support in the 1.2290s this morning, but the market has since found some buyers (perhaps on the back of EURUSD strength). With the market now back above the 1.2300 level ...
Pound hovers in anticipation of UK unveiling its detailed Brexit plan
The pound against the US dollar (GBPUSD=X) is hovering around one week lows as reports surface that the UK government will unveil its detailed plans when it comes to negotiating with the European ...