Ichimoku Kinko Hyo CAD/JPY: The pair is trading above the cloud…
Tag - brexit
Ichimoku Kinko Hyo EUR/JPY: The pair is trading below the cloud…
Ichimoku Kinko Hyo USD/JPY: The pair is trading above the cloud…
Fibonacci Levels XAU/USD: Gold facing a further consolidation above 23…
Ichimoku Kinko Hyo GBP/JPY: The pair is trading above the cloud…
A risk on and weak dollar theme dominated markets on optimism regarding vaccines, US and UK fiscal stimulus, and Brexit, with hope an agreement on the latter can be reached soon.
The USD continues dipping, while the GBP is rising on hopes for the Brexit deal done today.
The Brexit deal can be reached on December 24, according to media reports.
GBP/USD has just broken the key resistance of 1.3600. What’s next?
With Brexit being the last-minute breakthrough - or a failure - possibility, let's review the layout for the GBP against the EUR and the USD. We will review oil, gold, and other Forex assets too - and don't forget the US and the UK interest rates this week!
There are three main market drivers these days: vaccine, Brexit, and US stimulus package.
Vaccine news, Brexit developments, and hopes for the US stimulus package are the main market drivers! How to start the week?