Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
GBP/USD extends gains above 1.26 as EUR/GBP hits session lows
The pound is outperforming right now and one driver for the move has been a drop in the EUR/GBP. That is now falling towards session lows neat 0.8575. To put that in context, the Euro was trading above 0.8600 earlier today after closing in the US last night at 0.8592. The GBP/USD has now lifted to a session high at 1.2624 as the EUR/USD balks at a clear break above the noted 1.0832 trend line resistance. It is also worth noting here; that the further gains in the Pound have seemingly helped to push the FTSE 100 back from an earlier new record high, at 8,474. It is just now trading at below 8,450. The GBP/USD is currently trading at 1.2623
Market News
All News-
A note about Quick News updates this afternoon as the DAX rejects first attempt at 22k
Earlier an update here noted the surge in the DAX and the prospect, or possibility that it might test the 22k handle. Well, in the event it stalled... -
Is Tump playing the fool or just playing the markets? Dow Jones futures eyeing yet more gains
Before we get to the crux of this update let it be stated; that no one is being accused of anything and this is just a conscientious observers take on... -
US PMI data could be telling this afternoon- S+P 500 close to session highs
So, we have had a whole host of PMI data from Europe this morning and later this afternoon, at 1.45pm GMT we will get the equivalent data from the US...
