logo |

News

    Home   >     Industry    >     Main body

    Express
    Previous Post： Philippines Starts Marketing Dual-Tranche Dollar Bond Offering Next： New Zealand Dollar Will Extend Upsides in December

    ​Potential Rally for GBP/USD on Hopes of Brexit Talks

    WikiFX   |   2020/12/2 7:48:41
    Abstract：On Tuesday, the GBP/USD closed higher 0.8% with a rally of more than 6% off the September lows.

    　　WikiFX News (2 Dec.) - On Tuesday, the GBP/USD closed higher 0.8% with a rally of more than 6% off the September lows. The rising hopes that a Brexit deal can be reached suggests further gains for GBP/USD.

    　　This week is a crucial one for the talks on a post-Brexit trade deal because both sides would be damaged in the case of no agreement. Sources imply that an agreement can be reached, albeit a very limited one.

    　　Besides, all the coronavirus vaccine hopes, the prospect of an economic recovery, and fiscal and monetary support are encouraging flows out of safe havens like the US dollar into currencies seen as inherently riskier, including GBP.

    　　GBP/USD is now testing the key resistance at 1.3494. A weekly close above the level is necessary to validate a further breakout. The pair is attempting to mark a fifth consecutive weekly advance.

    　　All the above is provided by WikiFX, a platform world-renowned for forex information. For details, please download the WikiFX App: bit.ly/wikifxIN

    分析-12.02.png

    　　Chart: Trend of GBP/USD

    Latest News

    Rate Calc

    New Zealand Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  ：
    --
    Amount
    New Zealand Dollar
    Available
    -- United States Dollar

    You may also like

    Select Country/Region

    About Us| Risk Warning| Terms of Use| Privacy Policy| Search call| Official Verification

    You are visiting the website of WikiFX. In addition, its website and mobile product—WikiFX, is a global inquiry tool for enterprise profile that is operated by Wiki Co., LIMITED (Registration No.2806237) based in Hong Kong Special Administrative Region of China. Users should comply with the law of their countries/regions.

    Feedback WeChat:fxeye005, fxeye003

    Customer Service Phone Number：（中）4006888219;（En）+86 17126630052;（HK）+00852 54200870

    Copyright©2021 Cipher Group Limited All rights reserved.

    License or other information error correction, please send the information to:QA@wikifx.com;

    Cooperation:AD@wikifx.com

    Risk Warning

    The Database of WikiFX comes from the official regulatory authorities , such as the FCA, ASIC, etc. The published content is also based on fairness, objectivity and fact. WikiFX doesn't ask for PR fees, advertising fees, ranking fees, data cleaning fees and other illogical fees. WikiFX will do its utmost to maintain the consistency and synchronization of database with authoritative data sources such as regulatory authorities, but does not guarantee the data to be up to date consistently.

    Given the complexity of forex industry, some brokers are issued legal licenses by cheating regulation institutes. If the data published by WikiFX are not in accordance with the fact, please click "Complaints "and "Correction" to inform us. We will check immediately and release the results.

    Foreign exchange, precious metals and over-the-counter (OTC) contracts are leveraged products, which have high risks and may lead to losses of your investment principal. Please invest rationally.

    Special Note, the content of the Wikifx site is for information purposes only and should not be construed as investment advice. The Forex broker is chosen by the client. The client understands and takes into account all risks arising with Forex trading is not relevant with WikiFX, the client should bear full responsibility for their consequences.