GBP Review : A Smooth Trail of Gains in 2021.

The beginning of 2021 is about to witness a smooth trail of Gains of GBP. January seems to be a relaxing and soothing month for GBP traders. All its counter-currencies are losing their charm because of the growing attraction of GBP. GBP/USD, smooth trail of gains: The Brexit deal of trade with the EU and the positive news of the effectiveness of the Vaccine against the virus are …

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FOMC minutes highlights

fomc

The Minutes of Federal Open Market Committee(FOMC) have laid stress on the fact the monetary policy should help in bringing about a proportionate adaptation with the changes in the forex market. Instead of providing guidance as these were expected to enlighten, these confusing minutes has resulted in bringing a severe change in the prices of forex market. Eventually there is a fall of value of currencies. Particularly EUR/USD …

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GBP decline ahead of Brexit Talk and GDP data – VPX Market Review

Fundamental Analysis

Pound and the Pandemic: The recent discussion between the President of European Commission and the Prime Minister of U.K has led to the further downfall of Pound. The value of Pound continues to be weak as the economy of U.K is still struggling. The value of Pound would be expected to enjoy a rise and get a slight relief but then came the horrifying news of another strike …

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GBP falls after increase in worries about Brexit and UK Economy data

The National Output data of U.K and pandemic: The pandemic played havoc with not only the lives of human but also shattered economies and GBP as well. The financial markets suffered and it has left lasting imprints on Forex trade. Unexpected changes and dire situation marked history. Even the economies of advanced countries all over the world felt shocks of the pandemic. The economy of the entire world …

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ECB decided to increase its bond buying program to 1.35 trillion EURO

A bold move of ECB: Finally the global economy felt a slight positive change after the lock down severity of the recent past. The European Central Bank played a vital role in this regard. ECB like always again made a bold move that has caused a huge impact on financial markets. European Central Bank increased the value of its bond-buying program to 1.35 trillion(EURO) and it has decide …

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