The UK Economy

The Sharp Recovery In EURJPY Lose Momentum, Falters Beneath The Level At 121.00

@ 22:33
EURJPY Price Analysis – February  21 The single European currency rose 88 basis points or 0.73% against the Japanese yen in the previous session. After two consecutive sessions showing strong growth, EURJPY is now losing some momentum amid JPY bulls. Key Levels Resistance Levels: 122.37, 122.87, 121.00 Support Levels: 119.99, 117.08, 115.83 EURJPY Long term […]
 

Annual Forecast for FTSE 100 (UKX) – 2020

@ 13:16
FTSE 100 (FTSE:UKX) is not currently that attractive, as price is neither bullish nor bearish in the long-term. In the short-term, the bias is bearish but bulls are trying hard to reverse this. 4 EMAs are used for this analysis and they are EMAs 10, 20, 50 and 200. The color that stands for each […]
 

Guardian Stockbrokers Key Economic News Wednesday 29 January 2020

@ 03:29
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK CBI distributive trade survey’s retail sales balance remained steady in January In the UK, the CBI distributive trade survey’s retail sales balance remained flat at a level of 0.00% in January, compared to market expectations of a rise to a level […]
 

GBPUSD Retreats Beneath The Level At 1.31 Amid Greenback’s Resilience

@ 23:46
GBPUSD Price Analysis – January 26 GBPUSD is trading beneath the 1.31 level after reaching a new high of 1.3172, as the dollar’s resilience did not allow the pair to gain momentum. The US dollar is gaining strength in all directions. Key Levels Resistance Levels: 1.3600, 1.3514, 1.3280 Support Levels: 1.3000, 1.2582, 1.1958 GBPUSD Long […]
 

4 Societal Factors That Can Impact the Economic Development in the UK

@ 11:15
The term ‘economic development’ is related to economic growth, progression, and advancement. Some factors, like socio-cultural, political, legal, environmental, and technological, have a massive influence on the development of an economy. The adaptive social environment has a positive impact on growth. For instance, a society with contemporary beliefs doesn’t resist the adoption of modern ways...
 

Gold Stays Constricted In A Restricted Trading Range Around $1550 Level

@ 19:03
XAUUSD Price Analysis – January 10 Gold rose in price in response to the grim release of NFP in the US, although it lacked a strong follow-up from buyers and stayed within the trading range of the previous session. Over the past 24 hours, the yellow metal has been trading in a limited trading range […]
 

Guardian Stockbrokers Key Economic News Monday 23 December 2019

@ 02:21
The key points from today’s economic news, brought to you by Guardian Stockbrokers. UK GDP rose in 3Q 2019 In the UK, the final gross domestic product (GDP) climbed 0.40% on a QoQ basis in 3Q 2019. In the prior quarter, GDP had recorded a drop of 0.20%. Euro-zone current account surplus expanded in October […]
 

GBPJPY Reverses To The Downside In A Corrective Move

@ 18:36
GBPJPY Price Analysis – December 18 Since the trading session on Tuesday, the currency pair has fallen by almost 303 basis points against the Japanese yen. As for the near future, the GBPJPY exchange rate may recover on a cluster formed by the daily trend line at 143.07. If the cluster holds, a reversal is […]
 

Sterling Advances Barely Hours To UK Elections As Latest Poll Predicts Conservatives Win

@ 05:40
In just hours from now, a major event that will set the trend for the currency market for the year 2020, the UK elections will be held. In the face of a Brexit extension, UK prime minister had pushed for an earlier election in the hopes of having a majority conservatives win in the parliament […]
 

GBPUSD Price: Following Recouping From The Low, British Pound Anticipates Upward Momentum

@ 22:33
GBPUSD Price Analysis – December 1 The pound had a positive prior week as traders anticipate to build the scenario for buyers to step in, and now it seems likely to continue on the upside. If we can exceed the crucial level on the level at 1.3012, it is likely that the pound sterling takes […]
 
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