Day: July 11, 2023

Jul 11
GBP hits new highs. Overview for 11.07.2023

The British pound sterling is rallying against the US dollar. The current GBPUSD quote is 1.2884. GBP received strong support from the Bank of England. Yesterday the governor of the BoE Andrew Bailey delivered a speech confirming that the regulator was determined to fight inflation till the end. Bailey is influenced by policymakers and economists […]

Jul 11
Meta Rally Continues As Threads New Users Soars

Threads Users Soaring Meta is trading higher again today ahead of the open as focus stays on the continued growth in popularity of new social media app Threads. The app, launched last week, has been positioned as a direct rival to the Elon Musk owned Twitter app. Already seeing user numbers of nearly 100 million […]

Jul 11
The FTSE Finish Line – July 11 – 2023

The FTSE Finish Line – July 11 – 2023 Employment Data Boosts Sterling, Further BoE Action Weighs On FTSE The FTSE is hugging the flatline into the close of Tuesday’s trading, the UK’s blue chip index continues to test pivotal support in the 7250 region. The export heavy index was weighed by a stronger Sterling […]

Jul 11
FCA warns against ARG Finance, ARG Finance Services Limited, ARG Personal Loans (Clone of previously authorised Appointed Representative)

ARG Finance, ARG Finance Services Limited, ARG Personal Loans (Clone of previously authorised Appointed Representative)

Jul 11
FCA warns against InvestPoint/ Onecapital.trade/ Onecapital.company

Unauthorised firm details Name: InvestPoint/ Onecapital.trade/ Onecapital.company Address: Suite 305, Griffith Corporate Centre, Beachmont, Kingstown, St. Vincent and the Grenadines Email: [email protected], [email protected], [email protected] Website: https://investpoint.pro/, https://onecapital.trade/, https://onecapital.company/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give […]

Jul 11
FCA warns against Top Loan Finance

Unauthorised firm details Name: Top Loan Finance Address: 77 Queen Victoria Street, London, UNITED KINGDOM, EC4V 4AY Telephone: +442032864931 Email: [email protected] Website: https://toploanfinance.co.uk/ Some firms may give incorrect contact details including postal addresses, telephone numbers and email addresses. They may change these contact details over time. They may also give you details that belong to […]

Jul 11
Japanese Candlesticks Analysis 11.07.2023 (XAUUSD, NZDUSD, GBPUSD)

XAUUSD, “Gold vs US Dollar” Gold has formed a Long-Legged Doji near the support level. At this stage, the instrument is going by the reversal signal in a corrective wave. The growth target could be 1937.50. Upon testing the resistance, the price could have a chance for a rebound and the development of a downtrend. […]

Jul 11
Ichimoku Cloud Analysis 11.07.2023 (GBPUSD, XAUUSD, NZDUSD)

GBPUSD, “Great Britain Pound vs US Dollar” GBPUSD has secured above the resistance level. The instrument is going above the Ichimoku Cloud, which suggests an uptrend. A test of the Tenkan-Sen line at 1.2845 is expected, followed by a rise to 1.3035. An additional signal confirming the rise will be a rebound from the lower […]

Jul 11
GBP Higher On Fresh Wage-Growth Increase

Wages Rise Again GBP is trading higher today on the back of the latest set of UK labour market indicators, which have helped keep hawkish BOE expectations entrenched. While the unemployment rate was seen unexpectedly rising to 4% from 3.8% prior, the average earnings index was seen jumping to 6.9% from 6.7% prior, above the […]

Jul 11
Daily Market Outlook, July 11, 2023

Daily Market Outlook, July 11, 2023 Munnelly’s Market Commentary…  Asian equity markets experienced positive performance, driven by modest gains on Wall Street. Cyclicals benefited from promising inflation indicators ahead of the upcoming US CPI data, while market participants also considered China’s support measures. The Nikkei 225 remained flat and struggled to maintain its early momentum […]