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  • Trading bias allows traders to make informative decisions when dealing in the market. This relates to both novice and experienced traders alike. Start learning how you may be able to make more informed decisions here: https://t.co/rz7fqhRoMG https://t.co/lccPTTlvj0
  • GBP/USD’s consolidation could end soon if price breaks out of a symmetrical triangle in play since July. At this time, a downside breakout is likely following the appearance of a death cross. Get your weekly $GBP forecast from @DColmanFX here: https://t.co/WIKdSesfkJ https://t.co/Fx0qr32xgI
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  • The Federal Reserve rate decision is likely to sway the near-term outlook for the price of gold as the central bank appears to be on track to scale back monetary support. Get your weekly gold forecast from @DavidJSong here: https://www.dailyfx.com/forex/fundamental/forecast/weekly/CHF/2021/09/18/Gold-Price-Outlook-Hinges-on-Fed-Rate-Decision-Forward-Guidance.html https://t.co/dWWxtErjK0
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  • Forex quotes reflect the price of different currencies at any point in time. Since a trader’s profit or loss is determined by movements in price, it is essential to develop a sound understanding of how to read currency pairs. Learn how to read quotes here: https://t.co/CNtqrKWDBY https://t.co/stMPuq0VXR
  • A currency carry trade involves borrowing a low-yielding currency in order to buy a higher yielding currency in an attempt to profit from the interest rate differential. Find out if the carry trade suits your trading style here: https://t.co/7t4BzmLg8w https://t.co/v6RGICQvge
  • Get your snapshot update of the of top level exchanges and key index performance from around the globe here: https://t.co/d8Re5anlG5 https://t.co/rws9LHJV3E
  • RT @FxWestwater: Japanese Yen Forecast: JPY Crosses Eye BoJ, CPI as Haven Flows Bolster Yen Strength Link: https://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2021/09/18/Japanese-Yen-Forecast-JPY-Crosses-Eye-BoJ-CPI-as-Haven-Flows-Bolster-Yen-Strength.html?CHID=9&QPID=917708&utm_source=Twitter&utm_medium=Westwater&utm_campaign=twr https:/…
  • Traders utilize varying time frames to speculate in the forex market. The two most common are long- and short-term-time frames which transmits through to trend and trigger charts. Learn more about time-frame analysis here: https://t.co/9S5tXIs3SX https://t.co/FVisZuTP6M
Brexit Roundtable Webinar: Outlook for GBP and London Stocks

Brexit Roundtable Webinar: Outlook for GBP and London Stocks

Brexit news, GBP and FTSE prices and analysis:

  • GBP and London stock prices are holding up well despite the rejection by the Westminster Parliament of UK Prime Minister Theresa May’s Brexit plan.
  • In this roundtable webinar, DailyFX analysts Martin Essex, Nick Cawley and Justin McQueen discuss the outlook for GBP and the FTSE indexes after her overwhelming defeat.

GBP and FTSE shrug off Brexit defeat for UK government

The British Pound and London stock prices are holding their ground after the overwhelming rejection by the British Parliament of UK Prime Minister Theresa May’s Brexit plan and ahead of a vote of no-confidence in her government that she is likely to win.

GBPUSD Price Chart, Daily Timeframe (August 8, 2018 – January 16, 2019)

Latest GBPUSD price chart.

Chart by IG (You can click on it for a larger image)

In this roundtable webinar, UK-based DailyFX analysts Martin Essex, Nick Cawley and Justin McQueen discuss the outlook for GBPUSD and the Sterling crosses, the FTSE 100 index of leading London-listed stocks and the FTSE 250 index of mid-sized company shares.

More to read:

GBPUSD Price: On the Way Up as Chances Rise of a Brexit Extension

Sterling (GBP) Price: Brexit Vote Impact on GBPUSD and EURGBP

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--- Written by Martin Essex, Nick Cawley and Justin McQueen

Feel free to contact us via the comments section below, via email at martin.essex@ig.com or on Twitter @MartinSEssex

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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