Pound

Markets are Frothy

Here's an interesting juxtaposition. There are currently just over 25 Million Currently Infected Patients of Covid-19, with 2.4 million deaths*. However, · Tesla is up nearly 2,000% since the start of 2019. A luxury electric car company whose slim profit...

GBP/USD Breaks 1.38

The Pound against the U.S. Dollar broke 1.38, a critical psychological support/resistance level that gives bulls confidence to attack the 1.40 level. The recent tailwind in the Pound has mainly come from the number of initial doses the U.K. has...

Pound struggling to lift itself past 1.30

The Pound against the US Dollar is currently one of the most exciting pairs to be keeping an eye on, as it is essentially fighting between a rock and a hard place. Currently ranging just under 1.30, both nations have...

Will the pound shoot past 1.35?

The pound against the US Dollar has returned 11.4% since its March lows. As well all know, a lot has happened since March. But what has not come to fruition is the Brexit talks. As the transition deadline for the...

Pound sells off on Brexit woes

The pound is down 2% in the past couple of days, on growing prospects that the United Kingdom will leave the European Union without a trade agreement....

Pound rallies on weakening dollar

GBP/USD broke 1.30 today, a critical resistance that signals a strong bullish sentiment on the Pound as the dollar weakened on the Fed, sending full message support. Jerome Powell stated that they would keep all support lines open, including bond-buying,...
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