GBP News 

The British elite is at war with itself – on a scale we’ve never seen before

“If they do that in times of crisis, as Orwell did in the second world war, you can forgive daft hats at Ascot and the crazy rigmarole of regimental dinners” writes Paul Mason for theguardian.com. The Daily Mail’s front page, attacking the Tory Brexit rebels and triggering an avalanche of threats and abuse, was just the latest example of a culture war inside the British elite that makes any remaining class resentment against them look mild. Source: theguardian.com Share This:

Read More
Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20171215 FINAL

According to CME Daily Bulletin for GBP calls and puts, on 20171215 the maximum open interest for calls has been registered at 1345 and reached 644. Change in open interest was +293. Given the current forward points value 61.0, FOREX target price would be 1.33891. Maximum open interest for puts has been at 1315 and has made 957. The FOREX target price is 1.30891.See how to use Daily Option Expiry Levels at http://zentrade.online/use-daily-option-expiry-levels/. Alternatively, find below distribution according to combined maximum volume and open interest. Share This:

Read More
GBP News 

Iain Duncan Smith says British business will just have to ‘get by’ with harder trade after Brexit

“Former Conservative leader Iain Duncan Smith said that the business community will simply have to adjust to whatever new barriers emerge once Britain leaves in 2019” writes Adam Bienkov for businessinsider.com. However, Duncan Smith insisted that these new barriers would not reduce the overall level of trade from the continent.LONDON — British businesses will just have to “learn to get by” with a more difficult trading environment with Europe after Brexit, one of the leading leave campaigners claimed on Monday. Source: businessinsider.com Share This:

Read More
GBP News Reviews 

GBP Daily Review December 18, 2017

GBP Daily Review for December 18, 2017 Technical Insights for EUR/USD, Euro & GBP Crosses, Gold/Silver & More Today, we looked at the technical positioning of several USD-pairs with emphasis on the euro and cable, eur & gbp-crosses; yen-crosses, commodities, and equity indices   Technical Insights for EUR/USD, Euro & GBP Crosses, Gold/Silver & More Today, we looked at the technical positioning of several USD-pairs with emphasis on the euro and cable, eur & gbp-crosses; yen-crosses, commodities, and equi…   EUR/USD and GBP/USD Forecast December 18, 2017 The EUR/USD pair…

Read More
Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20171215 PRELIMINARY

According to CME Daily Bulletin for GBP calls and puts, on 20171215 the maximum open interest for calls has been registered at 1345 and reached 644. Change in open interest was +293. Given the current forward points value 62.5, FOREX target price would be 1.33876. Maximum open interest for puts has been at 1315 and has made 957. The FOREX target price is 1.30876.See how to use Daily Option Expiry Levels at http://zentrade.online/use-daily-option-expiry-levels/. Alternatively, find below distribution according to combined maximum volume and open interest. Share This:

Read More
GBP News 

GBP/USD Forecast Dec. 18-22 2017

“Here are the key events and an updated technical analysis for GBP/USD. EU leaders formally approved moving to the next phase of Brexit talks, but trade relations could remain complicated” writes Yohay S Google for forexcrunch.com. With Brexit talks not leading to a positive outcome on trade, worrying signs of rising unemployment and a dovish central bank, it is hard to see reasons for the pound to rise. Source: forexcrunch.com Share This:

Read More
GBP News 

Boris Johnson breaks ranks with ‘vassal state’ warning

“Davis has said he hopes whatever new arbitration system is agreed under the trade deal with the EU could start to operate before the end of the transition period” writes Ros Altmann for theguardian.com. In a pair of defiant articles in the Sunday Telegraph and Sunday Express newspapers, after her defeat this week in the House of Commons over parliamentary scrutiny of a final Brexit deal, the prime minister said: “Amid all the noise, we are getting on with the job. Source: theguardian.com Share This:

Read More
GBP Markets News 

Theresa May is trying to hide the fact that Britain will stay in the single market for years after Brexit

“For Umunna, May’s attempts to obscure the reality that Britain is heading for a Brexit transition inside the customs union and single market is so strong that she is not even being willing to use the terms” writes Adam Payne for businessinsider.com. “The prime minister has used different words like ‘implementation period’ and said we’ll observe the same rules and regulations apply, without actually mentioning the phrases single market and customs union,” Umunna adds. Source: businessinsider.com Share This:

Read More