GBP USD SHORT POSITION - Wealth X Network

Short

Livre sterling / Dollar américain (OANDA:GBPUSD)

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OANDA:GBPUSD Livre sterling / Dollar américain

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OUTLOOK: BEARISH
BRITISH POUND GROANS ON PROLONGED BREXIT NEGOTIATIONS

Commentaire:

GBP remains suspended by political angst over the resolution of an almost five-year divorce agreement between the United Kingdom and European Union. Last week, EU chief Brexit negotiator Michel Barnier tweeted guidelines for businesses to prepare for potential cross-border friction after the December 31, 2020 deadline. In the report, it states that:

Commentaire:

There will be broad and far-reaching consequences for public administrations, businesses and citizens as of 1 January 2021, regardless of the outcome of negotiations.

Commentaire:

GBP EYES VIRUS-HIT GDP DATA

Commentaire:

Sterling traders will also be anxiously waiting for the release of preliminary Q2 UK GDP data.

Commentaire:

These figures are unlikely to show an underlying optimism.

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