Read more
1:33 PM · 22 August 2019

GBPUSD soars as Merkel hints at backstop solution

GBP/USD
Forex
-
-

The GBPUSD currency pair has literally skyrocketed as Germany’s Angela Merkel said that finding backstop solution ahead of the Brexit date of 31 October was still possible. That’s the first clear sign that EU politicians might be willing to cooperate with Boris Johnson after all and certainly a massive positive for oversold pound. The pair leaped from 1.2150 to 1.2260 in a matter of minutes – the highest level in August.   

29 October 2025, 6:49 PM

EURUSD falls below 1.16 after Fed 💵

29 October 2025, 6:00 PM

BREAKING: Fed cuts interest rates and will end QT on December 1st 📌

29 October 2025, 1:46 PM

BREAKING: Bank of Canada cuts rates by 25 bp ✂️

29 October 2025, 10:22 AM

Chart of the day: AUDUSD (29.10.2025)

Join over 1 700 000 XTB Group Clients from around the world

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits