Day: November 20, 2016

November 20
2016

Bullish Flag Threatens to Break GBP/NZD Downtrend

The US Presidential elections followed a few days after a rather bullish factor for the UK pound — the High Court decision that the Government will need to consult the Parliament on the matter of Brexit. Both have triggered the rally in the British pound. At the same time, the New Zealand dollar has been weakened by the country’s central bank’s decision to lower the interest rates. This combination has created the current situation on daily GBP/NZD chart — a bullish pennant […]

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November 20
2016

Forex Brokers Update — November 20th, 2016

Just a small update this week: ThinkForex has completed its rebranding into ThinkMarkets as the broker expands into broader financial markets. FXCM opened an office in South Africa. Alpari added standard.mt5 account type with moderate spreads and no commission for deals. Bulls Capital Markets and FinFX have been delisted as they are no longer operating. If you have any questions or comments regarding any of the latest […]

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