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GBP/USD – Singled out and trumped up [Video]

Pound/dollar jumped nearly 3% on May’s speech despite her saying that the UK will leave the single market. What is going on? After explaining the reasons for the surge, we ponder on the next moves. This is not necessarily the beginning of a rally. Brexit means Brexit, and we still do not know what the future brings.

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.