Week of 7th - 11th AUGUST 2023
9 August 2023
Wednesday
On August 9th, two high-impact announcements are scheduled:
China CPI y/y
New Zealand Inflation Expectations q/q
China CPI y/y
In June, China experienced a slide into deflationary territory as consumer prices remained flat...
Dear readers,
We are delighted to announce that we are going to be doing forum posts dedicated to financial news. You'll now be able to follow significant market indicators like CPI, PMI, and other related financial information, all in the familiar, interactive format of forum discussions. Our...
The UK's FCA has just announced a ban on the sale of crypto-currency derivatives (such as CFDs) and ETNs to retail investors from January 6th 2021.
https://www.fca.org.uk/news/press-releases/fca-bans-sale-crypto-derivatives-retail-consumers
Brokers such as IG have already announced that...
The GBP/USD was 0.4% lower than USD to 1.1912 when the UK Parliament declined the Brexit plea. Despite the slump, strategists assured investors a no-deal Brexit is still avoidable.
UK PM Boris Johnson met with MPs last week in another attempt to secure Britain’s withdrawal from the EU...
Brexit talks are deadlocked
British Prime Minister Theresa May asked the European Union to delay Brexit until June 30, 2019. Will the GBPUSD fall? Such dynamics indicate the weakening of the British pound.
In accordance with the referendum held on June 23, 2016, the United Kingdom had to leave...
bearish momentum
bollinger bands
brexit
european union
gbpusd
macd indicator
parabolic indicator
rsi indicator
support and resistance
techincal analysis
unitedkingdom
Technical setup bullish for GB100
Slowing mortgage and sales data followed preceding report of better than forecast retail sales in February. Will the GB100 advance continue?
UK economic data have been mixed recently: retail sales growth in the UK was little changed in February, ticking to 4%...
Brexit dates may be postponed
In this review, we would like to draw your attention to the chart of the British pound vs the New Zealand dollar currency pair. Will the GBPNZD rise?
Such dynamics indicate the strengthening of the pound against the New Zealand dollar. The main positive factor for...
Slowing retail sales bearish for GB100
UK’s retail trade growth slowed in December. Will the GB100 continue declining?
Recent UK economic data were negative: retail sales growth in the UK eased to 3% over year in December 2018. The expectations were retail sales would remain steady at 3.6%...
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