OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP Futures: Further retracements on the cards

CME Group’s advanced figures for GBP futures markets noted investors added more than 1K contracts to their open interest positions on Thursday, reversing two consecutive pullbacks. Volume, instead, shrunk by around 34.2K contracts and extended the choppy performance further.

GBP/USD could still test 1.2880

Cable dropped and tested fresh yearly lows near 1.2920 on Thursday. Rising open interest allow for a deeper pullback in the short-term with the next target at the 100-day SMA in the 1.2880 region.

BI Deputy Governor: Monitoring impact of coronavirus epidemic on GDP growth

A Deputy Governor of Bank Indonesia (BI), the Indonesian central bank said on Friday that they are monitoring the impact of the virus epidemic on GDP
Read more Previous

Indonesia: 2020 GDP seen at 5.2% - UOB

Economist Enrico Tanuwidjaja at UOB Group sees the Indonesian economy expanding at an annualized 5.2% during the current year. Key Quotes “Indonesia 4
Read more Next
Start livechat