Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

Market updates on November 11

Market updates on November 11

Information is not investment advice

Key events ahead:

British preliminary GDP growth rate – 11:30 MT time

British balance of trade – 11:30 MT time

  • Friday’s trading session pulled the British pound against the USD down towards the 1.2770 level on H4. Today GBP/USD is awaiting the release of British GDP growth rate and balance of trade, which may potentially affect the pair. If the release supports the British pound, the cable will break the first resistance at 1.2802. After that, bulls will target the next level at 1.2831. The weak release may help bears to retest Friday’s lows at 1.2770. In case of a breakout, bears will target the 1.2738 level.


  • The price of gold inched higher on the mixed news about US-China trade talks. The conflicting opinions came from the White House trade advisor Peter Navarro and US President Donald Trump. While Mr. Navarro said that the cancellation of tariffs is not in the phase one trade agreement, the president shared his opinion that talks were “moving along nicely”. The price of the yellow metal has risen higher. On H4, the next resistance will be placed at $1,471. If the risk sentiment is on, XAU/USD will fall below the $1,462 level towards the possible retest of the $1,457 level.


  • As the risk sentiment faded, USD/JPY fell down, too. The pair has slid below the 109 level with bears focusing on the support at 108.81. The upside momentum is limited by the 109.02 level. If this level is broken, the next resistance will lie at 109.22.




Choose your payment system

Learn more