The most impactful releases of this week will fill the market with volatility and sharp movements.
The GBP gains on the announcement of the next Prime Minister
Information is not investment advice
Earlier, than it was expected: Boris Johnson is announced a new prime minister of Great Britain. He won 92,153 votes among the members of the Conservative party.🇬🇧 The British pound gained after the announcement. At the moment the cable is testing the resistance at 1.2475 on H4. The next resistance lies at 1.2495. Bears need to pull GBP/USD below the 1.2449 level towards the support at 1.2422 to restore their movement.
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We prepared an outlook of major events of this week. Check it and be ready!
Here you'll find what awaits the market this week, from the CPI release to a possible gold plunge.
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The most impactful releases of this week will fill the market with volatility and sharp movements.
Happy Tuesday, dear traders! Here’s what we follow:
Labor Market and Real Estate Market data was published yesterday. Markets are slowing down, so the economy is in recession. Today the traders should pay attention to the Retail sales in Canada.