Monday, August 19, 2019
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Weekly Market Outlook | Econ Alerts

Weekly Market Outlook: 19th – 23rd Aug 2019

The summer lull will continue into next week as economic releases will remain sparse. However, central bank minutes and the annual gathering of central bankers at the Jackson Hole Economic Symposium should generate plenty of headlines ahead of expected policy easings in September. Trade and geopolitical tensions will also come

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Technical Analysis – GBP/USD stable near 31-month lows

GBP/USD stable near 31-month lows; bears may keep the upper hand. Last week’s aggressive downfall to a 31-month low of 1.2078 turned GBP/USD players indecisive, with the price sliding sideways within the narrow 1.21-1.22 boundaries and well below-moving averages afterward. Speculations for an upside correction are rising as the fast-Stochastics continue to head north after

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