For the first time since May 2020, the euro has fallen below 1.1000

The eurozone crisis is likely to continue as we see the single currency fall to its lowest level since May 2020, at $ 1,000 and above. As this technical picture worsens, the pair will be exposed to the next drop of 1,0800.

In the last few days, I have described the possibility of a decline and I have already listed some broad implications for other euro pairs. In the end, this motivates him to hold on to the dollar. GBP / USD

GBP / USD

GBP / USD is a pair of currencies consisting of the UK Currency, the British Pound Sterling (symbol £, code GBP) and the US dollar (symbol $, code USD). The price of the pair shows how much US dollars it takes to buy one pound. For example, when GBP / USD trades at 1.5000, 1 pound equals 1.5 dollars. GBP / USD is the fourth most traded currency pair in the forex currency market, providing adequate liquidity and low volatility. Although currency pairs’ distributions vary from broker to broker, in general, GBP / USD often stays in the 1PP to 3PP distribution range, making it a good candidate for scandal. The GBP / USD pair, as well as the informal “cable” (because of the Atlantic cables used in the 19th century for telegraph trading) have a positive relationship with the USD, and a negative relationship with the USD. / CHF. Trading GBP / USD Even though many traders and brokers say that the best time to trade GBP / USD is during the busiest hours in London and New York, doing so can often be a double-edged sword – an unexpected pair nature. Its volatility fluctuates a lot, and so a month may be a profitable looking strategy, it may not be as effective in the later months. In addition, due to the unique political nature of the UK, technical traders can really struggle to fit in with this pair (ie, ignore the basics). The latest drama around Brexit has added to the uncertainty of this currency pair. In the absence of a smooth solution in the future, it is clear that GBP / USD will be affected by any changes and negotiations with the EU.

GBP / USD is a pair of currencies consisting of the UK Currency, the British Pound Sterling (symbol £, code GBP) and the US dollar (symbol $, code USD). The price of the pair shows how much US dollars it takes to buy one pound. For example, when GBP / USD trades at 1.5000, 1 pound equals 1.5 dollars. GBP / USD is the fourth most traded currency pair in the forex currency market, providing adequate liquidity and low volatility. Although currency pairs’ distributions vary from broker to broker, in general, GBP / USD often stays in the 1PP to 3PP distribution range, making it a good candidate for scandal. The GBP / USD pair, as well as the informal “cable” (because of the Atlantic cables used in the 19th century for telegraph trading) have a positive relationship with the USD, and a negative relationship with the USD. / CHF. Trading GBP / USD Even though many traders and brokers say that the best time to trade GBP / USD is during the busiest hours in London and New York, doing so can often be a double-edged sword – an unexpected pair nature. Its volatility fluctuates a lot, and so a month may be a profitable looking strategy, it may not be as effective in the later months. In addition, due to the unique political nature of the UK, technical traders can really struggle to fit in with this pair (ie, ignore the basics). The latest drama around Brexit has added to the uncertainty of this currency pair. In the absence of a smooth solution in the future, it is clear that GBP / USD will be affected by any changes and negotiations with the EU.
Read this article It also falls below 1.3300 per day.

In the meantime, it is difficult to see much relief for the euro. I say the ECB will have a big job to do next week.

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