Another milestone in the pound’s post Brexit fall is seen in the post-Independence Day trading session. The main culprit has been the construction sector and the fund freezes – emergency measures that prohibit investors to withdraw funds. GBP/USD dips its feet under 1.30 but is not going too far. Update: GBP/USD goes deep under 1.30 – levels to watch Three property funds announced a fund freeze in the past 24 hours: it began with Standard Life, continued with Aviva and became stronger with M&G – the latest to announce but probably not the last. The construction sector has led the recovery and could lead the downturn. BOE Governor did not help: while he explained how his institution was doing everything it could to stabilize the situation and provide liquidity, he did not paint a positive picture. Once again, Carney said that risk are being materialized and that prospects are not really positive. More: Brexit – all the updates in one place Here is how this dip looks on the chart. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex News Today: Daily Trading News share Read Next GBP/USD goes deep under 1.30 – levels to watch Yohay Elam 6 years Another milestone in the pound's post Brexit fall is seen in the post-Independence Day trading session. The main culprit has been the construction sector and the fund freezes - emergency measures that prohibit investors to withdraw funds. GBP/USD dips its feet under 1.30 but is not going too far. Update: GBP/USD goes deep under 1.30 - levels to watch Three property funds announced a fund freeze in the past 24 hours: it began with Standard Life, continued with Aviva and became stronger with M&G - the latest to announce but probably not the last. The construction sector has led the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
