GBP - BULLISH
1️⃣ Bank of England deputy governor Dave Ramsden's remarks, which suggested the central bank will not cut interest rates below zero any time soon.
2️⃣ Investors also believe that more stimulus measures to help the economy might be announced soon after UK Chancellor Rishi Sunak unveiled Thursday a government's plan aimed to protect jobs over the next six months.
3️⃣ News reports that the EU reportedly dropped demands for a broad agreement, if the UK agrees to detailed talks on fishing and state aid.
USD - BEARISH
1️⃣ Uncertainty about US fiscal stimulus and the elections is elevated ahead of the first presidential debate and US consumer confidence.
2️⃣ Investors' focus turns to the Presidential election in November with the first debate between Donald Trump and Joe Biden scheduled for Tuesday night.
=====
TECHNICAL
=====
- We're looking to long GBPUSD on RBS level + today's low area on H1 chart.
- GBPUSD on bullish zone.
1️⃣ Bank of England deputy governor Dave Ramsden's remarks, which suggested the central bank will not cut interest rates below zero any time soon.
2️⃣ Investors also believe that more stimulus measures to help the economy might be announced soon after UK Chancellor Rishi Sunak unveiled Thursday a government's plan aimed to protect jobs over the next six months.
3️⃣ News reports that the EU reportedly dropped demands for a broad agreement, if the UK agrees to detailed talks on fishing and state aid.
USD - BEARISH
1️⃣ Uncertainty about US fiscal stimulus and the elections is elevated ahead of the first presidential debate and US consumer confidence.
2️⃣ Investors' focus turns to the Presidential election in November with the first debate between Donald Trump and Joe Biden scheduled for Tuesday night.
=====
TECHNICAL
=====
- We're looking to long GBPUSD on RBS level + today's low area on H1 chart.
- GBPUSD on bullish zone.