GBP/USD: The pair unlike EUR/USD has maintained a clear dovish bias across the day and is yet to achieve consolidation near intra-day lows as disappointing UK PMI readings, and broad-based USD strength of safe-haven demand provide a twofold dovish pressure on the British Pound. However, a dovish projection for USD macro data means that USD is unlikely to see a major spike in strength. This suggests that the pair will close for the week later today with a price well above 1.22 handle.
TOP BROKERS
The multi-regulated CFD broker with 180+ products BRIEF INTRODUCTION The Vantage Group of Companies was incorporated in 2009 by a
A comprehensive analysis of an award-winning broker BRIEF INTRODUCTION Samtrade FX is incorporated in Saint Vincent and the Grenadines under
The Israeli-based multi-asset company with 2000+ products BRIEF INTRODUCTION Plus500 is a trademark of Plus500 Limited, an Israel incorporated firm
BRIEF INTRODUCTION Pepperstone, founded by Owen Kerr and Joe Davenport, is an FX and CFD broker based out of Melbourne,
An in-depth analysis of the top Australian forex broker Introduction to the top CFD broker IG Markets Ltd is the
The tier-I regulated broker with the lowest spreads in the industry BRIEF INTRODUCTION IC Markets is the trading name of