Trading Sentiment: charts, news and analysis:
- Sentiment towards GBP is improving as a Brexit deal comes closer.
- Meanwhile, interest in safe havens such as USD is waning on a lull in the US-China trade war.
Check out the IG Client Sentiment data to help you trade profitably.
GBP rallies
Growing confidence that the UK and the EU will reach a Brexit deal is benefiting GBP while overall market sentiment is more positive as no new shots are being fired in the US-China trade war.
GBPUSD Price Chart, Daily Timeframe (May 15 – September 11, 2018)
In this regular weekly webinar, I took a look at sentiment in the main currency, commodity and stock markets, focusing on Brexit, US-China trade, the NAFTA negotiations and oil.
Resources to help you trade the forex markets
Whether you are a new or an experienced trader, at DailyFX we have many resources to help you: analytical and educational webinars hosted several times per day, trading guides to help you improve your trading performance, and one specifically for those who are new to forex. You can learn how to trade like an expert by reading our guide to the Traits of Successful Traders.
--- Written by Martin Essex, Analyst and Editor
Feel free to contact me via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex
