GBP: bullish trend under question
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German IFO expectations for August
Information is not investment advice
Ichimoku Kinko Hyo
GBP/JPY: The GBP/JPY pair is trading slightly below the Tenkan Sen level. A higher thrust of the market will lead the exchange rate above this level, confirming the bullish outlook.
European Market View
German IFO expectations for August are about to edge slightly higher. The details of the plunge in German GDP for the second quarter will be released.
The United States consumer confidence will indicate the extent to which consumers have been affected by uncertainty about the new fiscal package and the still high coronavirus cases.
European Key Point
- German IFO expectations for August.
- The United States consumer confidence.
Michael Eliades
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GBP: bullish trend under question
Jump in to get the technical analysis of GBP/JPY and GBP/USD!
Gold: trade the sideways move
How to trade the gold price while it's oscillating between 1 837 and 1 864? Read the article, and you'll know how!
$1.9 tln stimulus is unlikely to support the USD in long term
US President-elect Joe Biden proposed a $1.9 trillion stimulus plan to jump-start the world's largest economy and accelerate its response to COVID-19
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