Friday, December 14, 2018
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GBP/USD 11Dec18 | EconAlerts

Technical Analysis – GBP/USD hovers above a 20-month low

GBP/USD hovers above a 20-month low; strongly bearish in the long-term. GBP/USD tumbled to a fresh 20-month low of 1.2505 on Monday, creating a strong negative move below the previous multi-month bottoms. The bearish outlook was confirmed by the lower low and the pair looks ready to maintain and possibly extend its sizeable recent losses in

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The trade ‘truce’, the Fed’s possible pause and May’s Brexit woes

Markets unconvinced by Trump-Xi trade rapprochement A major theme for global markets and the global economy is the uncertainty caused by the frictions between the United States and China. It was therefore an initially positive piece of news that the two countries would restart a new round of negotiations that would

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