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GBPUSD - Pound dips as UK lockdown could last into summer

22-01-2021 01:02

The pound dipped on Friday as the UK braced for a prolonged lockdown and new data underlined the toll of curbs on the economy. A string of comments by ministers in the past 24 hours have dashed hopes ...

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New administration spurs risk on sentiment

With the new President Biden being quick to rejoin the Paris climate accord, speculators expect further changes on fossil fuel. President Biden was quick to announce new curbs on the US oil industry.

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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.

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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 ...

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Chart of the Day: GBPUSD

EUR/USD takes the bids near 1.2117, the intraday high, amid Thursday’s Asian session. The quote recently jumped as the recently elected US President Joe Biden unveiled the first executive orders.

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