This is a marketing communication and should not be taken as investment advice, personal recommendation, or an offer of, or a solicitation to, buy or sell, any financial instruments. This material has been prepared without regard to any particular investment objectives or financial situation, and has not been prepared in accordance with the legal and regulatory requirements to promote independent research. Any references to past or future performance of a financial instrument, index, or packaged investment product are not, and should not be taken as a reliable indicator of future results.
Amega Global Ltd is an investment company authorised and regulated under the Financial Services Commission, Mauritius, Investment Dealer Licence: GB22200548. Findeavour Ltd is authorised as a technology service provider to Amega Global Ltd. Company number 12971852, United Kingdom.
No services are provided to residents or citizens of the USA, North Korea, Iran, Mauritius and the Russian Federation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read and ensure you fully understand our Risk Disclosure Policy before investing.
Amega Global Ltd is an investment company authorised and regulated under the Financial Services Commission, Mauritius, Investment Dealer Licence: GB22200548. Findeavour Ltd is authorised as a technology service provider to Amega Global Ltd. Company number 12971852, United Kingdom.
No services are provided to residents or citizens of the USA, North Korea, Iran, Mauritius and the Russian Federation. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Please read and ensure you fully understand our Risk Disclosure Policy before investing.
Amega © 2023 All Rights Reserved.
GBPUSD overview 18.05.2021
Sterling rises on dollar bearishness.
Sterling rising strongly today under the strong dollar bearishness as the as Treasury yields stalled amid growing expectations the United States will not rise interest rates soon. This come after Dallas Federal Reserve President Robert Kaplan reiterated his view that he did not expect interest rates to rise until next year. The growing market consensus is that the Fed will tolerate what it sees as a temporary acceleration in inflation – adding to dollar sales. The other factor driving the pair up is Britain’s unemployment rate unexpectedly falling to 4.8% between January and March. The data reinforced market expectations that Britain would see a strong economic recovery from the pandemic – driving sterling gains.
Except buyers on downward corrections.
Next resistance to watch – 1.4236
Trade with an award-winning broker! Lowest spreads on the market for Forex, Precious Metals, Energies. No re-quotes, no rejection of orders & instant withdrawals.
Open account
Latest Posts
Amega launches a brand new client area… and the crowd goes wild!
16 November 2023Amega reduces spreads up to 50%
25 September 2023Amega is going to the Traders Fair South Africa, 2023
14 September 2023Copycats: How social trading is changing the game.
18 July 2023BRENT 14.07.2023
14 July 2023Categories
Tags