Ready to Get Started?
Start here. Join over 3M Libertex users around the world!
A potentially busy couple of days ahead for the GBP/USD
There is no UK economic data due out today and of course nothing from the US later either. However, tomorrow at 6am GMT we get the latest UK monthly unemployment report and then at the same time on Wednesday we get the September CPI and RPI inflation reports, which could be more important than the Jobs data, depending on what is revealed. The GBP/USD closed in the US on Friday at 1.3067 after successfully holding onto the 1.3000 handle all last week- the low seen last Thursday was at 1.3022. The range seen so far today has been covered by 1.3041 to 1.3074 and it is right now towards the upper end of that range ahead of the European stock markets opening. Immediate resistance is in place at 1.3107 and support is at 1.30 and 1.2948. The GBP/USD is currently trading at 1.3067
Market News
All News-
Gold takes another hit
Just as the US stock markets were about to reopen Gold was pushing a little higher and heading back towards $3,040. Well, that move did not last long... -
Nasdaq 100 opens in the red
The US stock markets have just reopened and that opening has seen losses across all three major indexes. Of course that was always going to be the... -
US stock futures turn lower again- S+P 500 falls to indicate an opening close to 5,600
The US equity markets will soon reopen and it is not looking like a very positive start to the final session of the week. The Nasdaq 100 is now priced...
