As for the other news - the impeachment process continues in the USA, the UK is preparing for the elections and Saudi Arabia for the Saudi Aramco.
In light of the upcoming elections and the uncertainty with its outcome, we can’t count on the growth or decline of the pound in the next couple of weeks. But on the other hand, understanding this opens the doors for aggressive intraday trading without explicit preferences. So, we are armed with hourly oscillators and actively trade GBPUSD .
Oil has grown quite well over the past couple of days amid information about rising oil reserves in the US, as well as increased tensions in the Middle East. These events are not one of those that can significantly change the in the market. So Friday looks like a great day for oil sales.
First of all, we are waiting for business activity indices to be published in the Eurozone, the UK and the USA. Also, pay attention to retail sales in Canada, as well as the speech of the new head of the ECB Lagarde. Given that markets are now very sensitive to macroeconomic statistics, even relatively minor data can trigger a surge in . Well, from the new head of the ECB, her vision of in the Eurozone has long been expected.