GBP trading Archives

The pound increased, the dollar fell, Aussie and kiwi rose

Leave a Comment / Forex / By Amanda Hansen

On Wednesday, the British pound increased over $1.37 ahead of comments from Federal Reserve Chair Jerome Powell. Meanwhile, the United Kingdom’s coronavirus vaccine rollout also offered support to the sterling. Hopes of a large U.S. fiscal stimulus package has fuelled risk sentiment in markets in recent weeks, benefiting sterling. Market participants are expecting Powell to …

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The British pound was flat at $1.3677

Leave a Comment / Forex / By Amanda Hansen

The British pound strengthened on January 26 as investors returned to risk assets on optimism for more stimulus in the U.S. Furthermore, the United Kingdom’s coronavirus vaccine rollout push over the weekend also offered support to the sterling. Remarkably, the U.K.’s coronavirus vaccine rollout gathered pace on Saturday, with 5.9 million people now having had …

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The U.S. dollar wavered on Friday while the Pound strengthened

British pound declined against a strengthening euro

Leave a Comment / Forex / By Amanda Hansen

According to the latest news, the British pound declined against a strengthening euro. It increased against a weaker U.S. currency ahead of U.S. Treasury Secretary nominee Janet Yellen’s testimony before Congress. The U.S. dollar declined, giving the British pound a lift of 0.1% to $1.3601. The euro strengthened on the weakening greenback however it dropped …

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Sterling, euro, dollar, Aussie and Kiwi news

Leave a Comment / Forex / By Amanda Hansen

The euro, the Australian and New Zealand dollar all posted more than two-year highs versus the struggling dollar. Investors are betting that an improving economic outlook as coronavirus vaccines are rolled out and unprecedented fiscal and monetary stimulus will boost global growth and asset prices in 2021. Moreover, U.S. economic growth is likely to drag …

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AstraZeneca Vaccine and its Impact on the Global Economy

Leave a Comment / Economy / By Amanda Hansen

This year is coming to an end and millions of people would like to forget all challenges associated with 2020. Hopefully, public and private organizations are working hard to cope with the coronavirus pandemic. It is no secret that pandemic created a lot of problems for the global economy. This week, the United Kingdom became …

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Wibest – GBPUSD: US dollar bills and British pound coins

The dollar and pound rose after Brexit trade deal

Leave a Comment / Forex / By Amanda Hansen

The dollar increased, while the pound rose in a holiday-thinned session, after the United Kingdom and the European Union struck a post-Brexit trade deal, boosting hopes the UK can avoid a turbulent economic departure at the end of 2020. On December 24, the United Kingdom made a trade deal with the European Union. After the …

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United Kingdom and European Union Reached an Agreement

Leave a Comment / Economy / By John Marley

It took a lot of time to reach an agreement. Hopefully, the United Kingdom and the European Union agreed to a free trade deal. It happened just several days before the Brexit transition period ends. As a reminder, more than four years Britons voted to leave the EU. It is worth noting that, the two …

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The pound neared two and a half year high

Leave a Comment / Forex / By John Marley

The pound neared two and a half year high On December 25, the British sterling hovered below a two and a half year high, after the United Kingdom and the European Union struck a narrow Brexit trade deal. Furthermore, overall sentiment in currency markets was strengthened by a postponed U.S. coronavirus economic relief package. As …

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MetaTrader4 Tutorial: Tips And Tricks To Get You Started

Leave a Comment / Beginner, Education / By Alexander Zane

With hundreds of thousands of users worldwide, the MT4 trading platform is the most popular among traders. And there are important reasons behind that. Having your MetaTrader 4 set up properly is crucial if you intend to be a consistently profitable trader. If you are curious about how to do that you’ve come to the …

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Yuan Reversal New Line of Resistance 6.5 per Dollar

Leave a Comment / Forex, News / By John Marley

The offshore yuan quickly lost an advance after hitting 6.5 per dollar. This level could be a new line for a currency set to climb for the third quarter. The yuan traded in the overseas market lost a gain of as much as 0.2% within 30 minutes. This came after the currency hit 6.5 in …

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Brokereo Review

224 Comments / Brokers Reviews / By John Marley

Brokereo Review: The Broker of a New Generation If you have been searching for the review that will help you make one of the most important decisions in your trading career – you came to the right place as our priority is to provide you with enough information to make the most calculated choice possible. …

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Dollar Weakens Ahead of Stimulus Talks; Pound Strengthens

Leave a Comment / Forex, News / By John Marley

The dollar headed lower in early European forex trade on Monday, in hopes for a fiscal stimulus package. Traders were looking forward to Congress finally agreeing on a fiscal stimulus package ahead of the Federal Reserve’s policy meeting. At 3:50 AM ET (0750 GMT), the Dollar Index was down 0.4% at 90.562. It was trading …

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Dollar Down Over Growing Hopes for Coronavirus Recovery

Leave a Comment / Forex, News / By John Marley

The dollar was down on Friday morning in Asia’s forex after investors retreated from it. Hopes of a COVID-19 recovery are increasing and in effect, causing markets to be heavily short of dollars. After slumping on Thursday, the pound was up despite doubts on both sides about a resolution to the Brexit talks. It fell …

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Dollar Up as U.S. and U.K. Scramble to Meet Deadlines

Leave a Comment / Forex, News / By John Marley

The dollar was up on Thursday morning in Asia’s forex. The U.S. and the U.K. scramble to keep up with the deadlines for the stimulus and Brexit talks, respectively. By 9:44 PM ET (1:44 AM GMT), the U.S. Dollar Index inched up 0.05% to 91.075. It was just above the two-and-a-half-year low of 90.471 seen …

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How to Buy Litecoin in the UK? The Need-to-Know Guide

Leave a Comment / Beginner, Education / By Alexander Zane

Litecoin (LTC) is gaining more and more attention every year since it went on the market back in 2011. It’s one of the most popular cryptos among traders, including benefits such as fast transactions and low fees. Investors are becoming more and more interested in LTC, so here is a brief guide on how to …

How to Buy Litecoin in the UK? The Need-to-Know Guide Read More »

GBP trading

The pound increased, the dollar fell, Aussie and kiwi rose

The British pound was flat at $1.3677

British pound declined against a strengthening euro

Sterling, euro, dollar, Aussie and Kiwi news

AstraZeneca Vaccine and its Impact on the Global Economy

The dollar and pound rose after Brexit trade deal

United Kingdom and European Union Reached an Agreement

The pound neared two and a half year high

MetaTrader4 Tutorial: Tips And Tricks To Get You Started

Yuan Reversal New Line of Resistance 6.5 per Dollar

Brokereo Review

Dollar Weakens Ahead of Stimulus Talks; Pound Strengthens

Dollar Down Over Growing Hopes for Coronavirus Recovery

Dollar Up as U.S. and U.K. Scramble to Meet Deadlines

How to Buy Litecoin in the UK? The Need-to-Know Guide

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