GBP News 

Brexit means transition: May’s government wants a ‘temporary’ customs union deal after Brexit

“The government also wants to be able to negotiate trade deals with countries around the world during this proposed transitional period” writes Adam Payne for businessinsider.com.au. Members of the customs union are prohibited from negotiating their own trade deals with countries elsewhere in the world. Source: businessinsider.com.au Share This:

Read More
GBP News 

Ten years after the crash, there’s barely suppressed civil war in Britain

“The credit crisis that began in August 2007, the ensuing banking crash and global recession” writes Aditya Chakrabortty for theguardian.com. We could have used the crash to make Britain a far more equal and democratic society.And, most importantly, the combination of those first two factors means the crash that began in 2007 cannot be consigned to the past.Whatever technical reforms have followed on from the crash, the economic and business model that created it remains intact. Source: theguardian.com Share This:

Read More
Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20170814 PRELIMINARY

According to CME Daily Bulletin for GBP calls and puts, on 20170814 the maximum open interest for calls has been registered at 1315 and reached 947. Change in open interest was +735. Given the current forward points value 14.35, FOREX target price would be 1.31358. Maximum open interest for puts has been at 1300 and has made 386. The FOREX target price is 1.29857.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 

Britain seeks temporary customs union with EU after Brexit – but faces fight from Brussels and Ireland

“The Brexit Secretary will on Tuesday publish a paper in which he agrees not to implement any new free trade deals until after an “interim” transition period” writes Deputy Political Editor for telegraph.co.uk. The document will state that Britain is seeking “freest and most frictionless possible trade in goods between the UK and the EU”. However Mr Davis will insist that the UK can use the time to formally negotiate and sign free trade deals with nations outside the EU that will be implemented afterwards. Source: telegraph.co.uk Share This:

Read More
GBP News 

London property sales slump as Brexit bites but Indians seeking ‘safe haven’ may take up slack

“Prime property in central London has lost its attractiveness among global investors due to the uncertainty over the country’s future relationship with the European Union” writes unknown author for cnbc.com. This is “in large part due to significant increases in taxation,” Naomi Heaton, CEO of London Central Portfolio, said in a statement Monday, but also due to a “wait-and-see attitude” from European investors as Brexit talks take place.European investors, who were the second largest buyers just two years ago, accounted for 7 percent of the sales over the last 12…

Read More
Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20170811 FINAL

According to CME Daily Bulletin for GBP calls and puts, on 20170811 the maximum open interest for calls has been registered at 1300 and reached 1075. Change in open interest was +800. Given the current forward points value 14.55, FOREX target price would be 1.29855. Maximum open interest for puts has been at 1305 and has made 1. The FOREX target price is 1.30355.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 

Hammond has ‘come to heel’ over Brexit, say anti-EU Tories

“In an article jointly written with Liam Fox, the International Trade Secretary, Mr Hammond agreed Britain should be free from that date to seek trade deals with non-EU countries” writes Rob Merrick for independent.co.uk. There will be no endless transition period.” Over the summer, Mr Hammond broke ranks to call for an “off-the-shelf” transitional deal for up to three years, keeping current trading arrangements and rules on movement of workers.But Dr Fox made clear he would accept a transition only if he was able to seek and sign trade deals…

Read More
GBP News Reviews 

GBP Daily Review August 14, 2017

GBP Daily Review for August 14, 2017 EUR/USD and GBP/USD Forecast August 14, 2017 The EUR/USD pair initially fell during the day on Friday, but broke higher as we have cleared a couple of candles that formed hammers on the daily chart. Bec…   Tech Targets: EUR/USD, GBP/USD, USD/JPY, AUD/USD, NZD/USD – UOB EUR/USD: Neutral (since 07 Aug 17, 1.1785): EUR to remain underpinned as long as above 1.1750.As indicated last Friday (11 Aug), a move back above 1.1830 would indicate that the mild downward pressure has eased. However, the…

Read More
Forex GBP News Options Signals 

CME Daily Bulletin Summary: GBP MAX OI Options Levels 20170811 PRELIMINARY

According to CME Daily Bulletin for GBP calls and puts, on 20170811 the maximum open interest for calls has been registered at 1300 and reached 1075. Change in open interest was +800. Given the current forward points value 14.55, FOREX target price would be 1.29855. Maximum open interest for puts has been at 1305 and has made 1. The FOREX target price is 1.30355.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 

UK retirees rushing to settle in Europe, say financial advisers

“British retirees are rushing to settle in European countries such as Spain, Portugal and France before the Brexit deadline, according to financial advisers, believing that such a move will become significantly more difficult in the future” writes Anushka Asthana for theguardian.com. Blevins Franks, which specialises in financial advice for those retiring into Spain, Portugal or France, has seen a 20% to 25% increase in business, he said. Source: theguardian.com Share This:

Read More