News & Analysis at your fingertips.

We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.



Notifications below are based on filters which can be adjusted via Economic and Webinar Calendar pages.

Live Webinar

Live Webinar Events


Economic Calendar

Economic Calendar Events

Free Trading Guides
Please try again
Oil - US Crude
Wall Street
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
More View more
Real Time News
  • Key levels in forex tend to draw attention to traders in the market. These are psychological prices which tie into the human psyche and way of thinking. Learn about psychological levels here:
  • 🇲🇽 Unemployment Rate (OCT) Actual: 4.7% Expected: 5% Previous: 5.1%
  • 🇲🇽 Mid-month Inflation Rate YoY (NOV) Actual: 3.43% Expected: 3.63% Previous: 4.09%
  • 🇲🇽 Unemployment Rate (OCT) Actual: 4.7 Expected: 5% Previous: 5.1%
  • 🇲🇽 Mid-month Inflation Rate YoY (NOV) Actual: 3.43 Expected: 3.63% Previous: 4.09%
  • 🇲🇽 Mid-month Inflation Rate MoM (NOV) Actual: 0.04% Expected: 0.24% Previous: 0.54%
  • GBPCHF remains interesting...all 3 moving averages look positive, with added 50-/200-sdma 'golden cross' being formed, horizontal resistance being probed #sterling #gbpchf @DailyFXTeam
  • Heads Up:🇯🇵 BoJ Gov Kuroda Speech due at 12:05 GMT (15min)
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 93.82%, while traders in NZD/USD are at opposite extremes with 74.94%. See the summary chart below and full details and charts on DailyFX:
  • Heads Up:🇲🇽 Unemployment Rate (OCT) due at 12:00 GMT (15min) Expected: 5% Previous: 5.1%
Brexit Briefing: GBP/USD Eases on No-Deal Brexit Fears

Brexit Briefing: GBP/USD Eases on No-Deal Brexit Fears

2019-12-17 09:00:00
Martin Essex, MSTA, Analyst

GBP price, Brexit news and analysis:

  • UK Prime Minister Boris Johnson is to amend the bill to withdraw the UK from the EU to ensure the transition period cannot be extended beyond the end of next year.
  • That has further weakened GBP/USD after its surge following the result of the UK General Election.

GBP/USD slides on fears of a no-deal Brexit

Starts in:
Live now:
Dec 01
( 10:12 GMT )
Join Martin Essex’s webinar
Trading Sentiment
Register for webinar
Join now
Webinar has ended

UK Prime Minister Boris Johnson has said he will amend the Withdrawal Agreement Bill to rule out an extension of the post-Brexit transition period beyond the end of 2020, making a no-deal Brexit more likely and sending GBP/USD lower after its surge in the wake of his Conservative Party’s victory in last Thursday’s UK General Election.

GBP/USD Price Chart, One Hour Timeframe (December 12-17, 2019)

Latest GBP/USD price chart.

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

At present, the Bill allows the Brexit transition period to be extended by mutual agreement for up to two years but Johnson’s amendment will rule that out even though the EU’s chief negotiator Michel Barnier is unconvinced a trade deal can be reached in a year.

Meanwhile, Johnson will ask Parliament to debate and vote on the withdrawal agreement on Friday, paving the way for Brexit by the end of next month. If the UK and the EU fail to reach an agreement by the end of next year, the UK will revert to World Trade Organization trade rules.

Technically, as the chart above shows, GBP/USD has now filled the gap left on the chart after the Conservative victory last Thursday, suggesting further downside could now be limited.

We look at Sterling regularly in the DailyFX Trading Global Markets Decoded podcasts that you can find here on Apple or wherever you go for your podcasts

--- Written by Martin Essex, Analyst and Editor

Feel free to contact me via the comments section below, via email at or on Twitter @MartinSEssex

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