For those tracking UK elections we have important updates on the opinion poll front, despite manufacturing declining further Pound will only move on election polls for the coming weeks. Here is a snapshot from the latest Westminster voting intention polls were released over the weekend: - CON = Conservatives, LAB = Labour, LDEM = Liberal Democrats, BREX...
It’s finally election day in the UK. Can Johnson win a majority and deliver on Brexit or is there more pain to come? The UK may finally would be able to put the epic Brexit saga behind it. GBP/USD is sitting now on 9-month high and H4 RSI is in overbought zone. Boris Johnson is ready to take Britain out of the EU with the deal negotiated just weeks ago. Whether...
FTSE100 (UK100) index is also an interesting one to watch this week. The index was bounded in a range above 7,000 handle since August. Note that FTSE has been in a loose inverse relation with the pound since the Brexit referendum. So, in case of a clear Conservative win this Thursday, a strong rally in both the pound and FTSE would be a strong sign of return in...