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GBP/USD Trades to Highest Level since September 18

GBP/USD Trades to Highest Level since September 18

Information is not investment advice

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Ichimoku Kinko Hyo

NZD/JPY: The pair is trading in a bullish sentiment above the cloud. The currency pair has just surpassed the Kijun-sen and the Tenkan-sen, confirming a bullish momentum.

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Fibonacci Levels

 XAG/USD: Silver during the last hours is trying to move higher and continues to stand above 23.6% retracement area. Silver’s outlook remains bullish.

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US Market View

President Trump has released a series of videos to reassure the public, and on Sunday took part in a motorcade to acknowledge his supporters who had gathered near the Walter Reed National Military Medical Center just outside Washington. US stock futures pushed higher, rebounding after Friday’s losses, as a lot of the political uncertainty stemming from President Trump’s Covid news dissipated. The number of Covid-19 cases now totals over 35 million worldwide, according to data from Johns Hopkins University, with many countries in the world now suffering from the second wave of infections.

US Key Point

  • Ignore Trump, focus on stimulus talks
  • EUR/USD trades to last week highs and backs off

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