Monthly Archives: June 2018

Sentiment tentatively rebounds but fear of protectionism is growing

There is an increasing sense that whilst the imposition of protectionist trade tariffs had previously concerned markets, this concern is now beginning to manifest into something far more negative. Comments from the White House administration are certainly not helping, as Treasury Secretary Steve…

GBP/USD: British Pound Price Bounces From Fibonacci Support post-BoE

Last Monday we looked at a weak British Pound ahead of the June rate decision at the Bank of England. At the time, there was little to get excited about on the bullish side of the currency, as continued complications with Brexit negotiations were combined with what had become a dovish Bank of…

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