Orbex

ORBEX: Risk Up on LOWER TARIFFS As China Announces Import Cuts!

FX:GBPUSD   British Pound / U.S. Dollar
China announced they will be lowering tariffs on a number of items come January 1st, making markets looking more festive ahead of Christmas!

Aussie and Kiwi took the headlines with a positive tone, however, Cable kept entering lower territories on the back on post-election no-deal fears! Will the Santa rally continue?

Have a look at our Elliott Wave analysis for further clues!

Timestamp

AUDUSD 2H 01:15
NZDUSD 2H 04:10
GBPUSD 2H 06:20

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