Pound Holds Strong as Labour Wins with a Landslide - July 7, 2024 13:40

The British Pound Sterling is still on the rise on Friday, continuing the trend for the day when the Labour Party won the national election of the UK. The party got 410 seats in parliament and won the election. The concession of defeat by PM Rishi Sunak suggested that the governmental powers have shifted. Regarding […]

The Pound is in Freefall – When Will It Stop? - May 22, 2019 15:21

It’s been a rough old time for the British Pound. Since the start of the 2nd week of May it’s been completely freefalling. GBPUSD has dropped over 1000 pips to 1.26390 at the time of writing this. There has been no recovery, no respite, just continued weakness. It seems that nobody loves the Pound. The […]

GBP Gets Ready for an Unpredictable Day with Meaningful Vote 2 - March 12, 2019 11:34

All eyes are once again focused on the British Pound, with a crunch vote happening today on the deal which Theresa May has secured with the EU parliament. As news broke on Monday evening that there was now an agreement on the Northern Ireland backstop (which has been the main point of controversy throughout the […]

British Pound Stays Strong Whilst The Dollar Remains Weak - September 19, 2018 9:22

The British pound remained strong in early trading this week, especially so versus the US Dollar which remains weak and is consolidating around its recent lows. GBPUSD has managed to trend higher this last month and is now back at the levels seen in early July. There could be some resistance around the 1.31 to […]

British Pound Makes Gains on Brexit News Ahead of US Non Farm Payrolls - September 6, 2018 9:31

Yesterday the British Pound made gains across the board as word surfaced that progress towards an agreement on Brexit is being made. Instantly the Pound surged against all other currencies. The main gains were made against the US Dollar with weaker than forecast trade balance data arriving on US markets opening. While a final deal […]

Cardano – At The Forefront of Blockchain - July 5, 2018 9:01

The cryptocurrency market continues to gather followers thanks to its popularity and increasing profitability. One of the latest ones to achieve great success is Input Output Hong Kong (IOHK) with the development of Cardano, a ‘blockchain’ that has managed to attract the interest of investors. With its creation in 2017, Cardano appeared in the bullish […]

All You Need to Know About Investing in Bitcoin - May 14, 2018 14:25

Bitcoin is the new investor craze everyone is talking about. Hardly any assets have proved to be as mysterious and alluring as the new digital cryptocurrency has over the last few years, with millions of investors jumping on the bitcoin bandwagon in 2017 and sending its price to record highs. Despite being one of the […]

Praise for eToro from Trading and Cryptocurrency Communities - April 25, 2018 18:14

It started over 10 years ago, but during all this time the “number one” social trading platform has been getting constant congratulations. With over 9 million active users, eToro is the social trading platform that has opened up the financial markets to all. eToro has many excellent features, but one of its most significant is […]

GBPUSD Rate Touched Pre-Brexit Levels and Begins To Fall - April 18, 2018 19:18

The early weeks gains have begun to fade for GBPUSD. After an indifferent start to 2018 cable finally found it’s mojo again in mid March to continue the climb from the horrendous lows of 2017. Last week seen the GBPUSD rate close positive every day, and Monday began with a follow through until in early […]