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Merkel

GBP - Signs of a bottom beginning to form?Looking at a basket of Sterling pairs on a variety of time-frames. (You can add this to your own watchlists by copying this code: GBPAUD*GBPCAD*GBPCHF*GBPJPY*GBPNZD*GBPUSD*GBPEUR ) There appears to be some evidence of a bottom shaping on the 4-hour chart. Expecting a bumpy ride with Sterling, but I believe the Risk/Reward is looking favourable in the short term. We should see some more news from Brexit discussions over the next few hours. Let's see what happens! Hope you like the video - please give it a like if you do! Good Luck. Joe GBP Macro news The July UK government posted a budget surplus of £1.3bn compared with £3.5bn the previous year with the deficit for the first four months of fiscal 2019/20 increasing to £16.0bn from £10.0bn as spending increased and revenue growth slowed. Sterling lost ground following comments by a French official that in view of Prime Minister Johnson’s comments on the Irish backstop, the baseline scenario now seemed to be a ‘no-deal’ Brexit and President Macron reiterated that the deal could not be re-opened. German Chancellor Merkel stated that as soon as there is a solution to the Irish border issue, there will be no need for the backstop. She also stated that a negotiated Brexit would be welcomed, but Germany is ready for all outcomes and challenged the UK government to find a solution to the Irish border within the next 30 days. The comments failed to provide significant support with Sterling holding net losses on the day. EUR/GBP settled around 0.9140 with GBP/USD below 1.2150. A labour-market survey recorded the strongest increase in wage rises since 2008, but political tensions tended to dominate sentiment with GBP/USD around 1.2120 on Thursday.
Long
by Signal_Centre
World Cup of Leaders - Road to Disaster or FreedomThere are similarities with Venezuela. It's look like Trump and Israel doesn't wan't to loose power in middle east. They are some good projects like: *new silk road to istanbul *drilling for oil and gas near Cyprus in the near future Battle cards tell you truth. Turkey+Russia+China+Iran have now more power and control in middle east. Trump + Israel have more finance and weapons. 2019/2020 will tell us what will happen next. It's Endgame and there is no more time left to try again. 2020-2025 are critical years for world freedom. Gold, Silver, Crypto will skyrocket this year.
Long
by hypercraft
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Merkel's crucial mistakePolitical instability in Germany is assuming increasingly threatening forms, as the current Chancellor Angela Merkel was forced to agree on early elections, rather than form a government in the minority. Distrust of Merkel began to grow rapidly after the decision to open borders for more than 1 million migrants. In the September elections, a high percentage of approval was given to the far right, which made it more difficult for the chancellor to retain power. Investors hastened to reduce their positions on European shares, while the euro fell to an eight-day low against the pound sterling, as the growing political crisis in Germany crossed expectations of advance of european assets. Unpredictability will continue to be a matter of concern for investors, given Germany's critical role in the European Union. The oil market is preparing for OPEC meeting next week, where the largest oil producers are expected to make a decision to extend production cap as opposed to growing oil supplies from the US. The agency Westwood Global Energy predicts that growth in US crud output may exceed the pace calculated on the basis of the number of oil rigs, the number of which increased from 316 from mid-2016 to 738 last week. Members of the Board of the Bank of England expressed their differences on Tuesday about the recent increase in the Central Bank interest rate for the first time in a decade. The subject of the debate was the study of the relationship between low unemployment and the rate of inflation. A strong labor market, including wage growth, made it possible to tighten policies, but now the Central Bank is in for a long period of dovish stance, especially in the light of the difficulties of getting out of the EU. GBPUSD has barely grown to the level of 1.3250, while against the euro the pound grew much stronger, which indicates a change in sentiment on the European currency to bearish. Chicago futures exchange CME reported on Monday that the company plans to launch bitcoin futures, but the exact date of the event - December 11, is listed on the site by mistake. BTCUSD sank to the level of 7.800, but quickly recovered to 8.230 on Tuesday. Arthur Idiatulin
by Tickmill