It is expected that GBP/USD will be traded at a higher level due to lack of trust by investors for US dollar and because of the demand for GBP as it is increasing against JPY. Level of resistance equals to 1.6418 (Friday maximum). If this level is breached, next level …
Disappointing non-farm monthly results
Traders were disappointed with non-farm payroll results. Expectations about the increase of the amount of new workplaces failed. According to the report there were 113000 new workplaces in non-farm sector against expected result of 189000. We hardly believe that US Federal Reserve will change the approach …
Expectations from the meetings of ECB and Bank of England
There will be high attention on the meetings of both European Central Bank and Bank of England. Sure, investors are thinking about possible outcomes, expectations and changes in economic strategies. First of all, we believe that Bank of England will …
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