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Tag: GBPUSD

Senior EU official: “We’ve seen some progress on the trade deal” – Reuters

Senior EU official: “We’ve seen some progress on the trade deal” – Reuters

“We have seen some progress in the trade agreement, but there is still a long way to go, “said a senior EU official, as reported by Reuters. “We do not expect another summit in November on Brexit“added the official.” At this stage it would not be justified. Earlier in the day, Bloomberg reported that the […]

GBP / USD Price Analysis: 100 hour SMA limits rally after Brexit news

GBP / USD Price Analysis: 100 hour SMA limits rally after Brexit news

GBP / USD remains stable above 1.29 after choppy moves. The 100 hourly SMA limits the recovery attempt from the trend line support. Brexit news will dominate price action ahead of the Johnson-von der Leyen meeting. The pair GBP/USD has witnessed a move of almost 100 pips in the last few hours, in the wake […]