Read more
10:38 AM ยท 19 February 2021

๐Ÿ“ˆ GBPUSD tests 1.40 after solid PMIs

GBPUSD has been trading in an upward channel since late-September 2020. The pair has looked past recent USD strengthening and continued to gain. A break above the upper limit of the channel occurred yesterday and today the pair is testing 1.40 handle for the first time since April 2020. The 1.40 area is additionally strengthened by the 161.8% exterior retracement of the downward move from August-September 2020. Solid set of February's PMIs from the United Kingdom is boosting sentiment towards the British pound. Manufacturing gauge moved from 54.1 to 54.9 (exp. 53.1) while services index jumped from 39.5 to 49.7 (exp. 42.0). Reading stands in contrast to German and French readings that showed services sector gauge drop more than expected.

GBPUSD tests 1.40 area, boosted by solid PMI release. Source: xStation5

24 April 2026, 3:58 PM

๐Ÿ”ดThree markets to watch next week: all eyes on the Fed (24.04.2026)

24 April 2026, 3:46 PM

BREAKING: US Department of Justice Drops Probe Against Powellโ—๏ธDollar slides along bond yields ๐Ÿ“‰

24 April 2026, 1:45 PM

Market Wrap: Indices try to recover on US-Iran negotiations hopes ๐Ÿ‡ช๐Ÿ‡บ SAP surges 6% after earnings ๐Ÿ“ˆ

23 April 2026, 7:00 PM

Daily summary: Risk-off takes over ๐Ÿ“‰ US stocks plunge, while dollar and oil rebound sharply ๐Ÿ’ธ

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 Comissรฃo de Valores Mobiliรกrios (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