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GBP/USD: Trump and Brexit are gifts that keep on giving

Cable had a devastating 2016 due to massive political shocks. These events, Brexit and Trump’s election, come to fruition in 2017. We analyze the forces moving both currencies: central banks, politics, and the economies. There is a definite conclusion about the next move of the pair, but remember that forex is never a one-way street.

Video describing the factors moving GBP/USD:

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.