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SYMBOL
LAST
ASK
BID
HIGH
LOW
NET CHG.
%CHG.
SPREAD
SPX
S&P 500 Index
6964.81
6964.81
6964.81
6980.09
6905.86
+32.51
+ 0.47%
--
DJI
Dow Jones Industrial Average
50135.86
50135.86
50135.86
50219.40
49837.45
+20.20
+ 0.04%
--
IXIC
NASDAQ Composite Index
23238.66
23238.66
23238.66
23314.67
22878.37
+207.46
+ 0.90%
--
USDX
US Dollar Index
96.730
96.810
96.730
96.830
96.710
+0.040
+ 0.04%
--
EURUSD
Euro / US Dollar
1.19072
1.19079
1.19072
1.19142
1.18964
-0.00075
-0.06%
--
GBPUSD
Pound Sterling / US Dollar
1.36857
1.36864
1.36857
1.36961
1.36717
-0.00083
-0.06%
--
XAUUSD
Gold / US Dollar
5043.67
5044.12
5043.67
5077.03
4987.46
-14.40
-0.28%
--
WTI
Light Sweet Crude Oil
64.157
64.192
64.157
64.348
63.713
-0.131
-0.20%
--
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EuroTrader 
EuroTrader
EuroTrader
EuroTrader
Gaenta Stu 
Gold / US Dollar (XAUUSD)
5036.79(-0.42% -21.28)
Markets Gaenta Stu
this is a friend
Gaenta Stu
Gaenta Stu
ifan afian
Gold just had a fake breakout... does that mean there will be a sweep high?
Blue Roo 
Looking like we might have a red day for gold
3543523 
do you think it's going to sell for gold
NEWBIE
For me, no clear signal yet. This is still due to manipulation. If you don't want to wipe your account, stay away from it for now
"Ikeh Sunday" recalled a message
Ikeh Sunday 
hello all
Ikeh Sunday
Ikeh Sunday
let's try selling silver
Ikeh Sunday
closed all positions
Asma Balos 
Sell or buy sir
SOURAV P 
Anyone long on gold ??
3468671 
long scalp tp 5053
- All
- Russia-Ukraine Conflict
- Middle East Flashpoint
UK Government Offices Are 'Paralyzed' as Regime Turmoil Accelerates UK Economy's Deterioration
Summary:
Boris Johnson will step down as British Prime Minister in September this year. During his few months in office, Britain has been in a "political vacuum" and the economy has been getting worse. Mr Johnson and Mr Zahavi have taken holidays as the UK economy deteriorates and British government offices have been a "zombie government". In addition, the UK may enter a period of economic contraction in the second half of 2022. When the British Prime Minister changes, the instability of the regime may lead to a more unstable economy in the UK. Britain's gross domestic product (GDP) may have contracted by 0.2% in the second quarter, meaning the British economy is almost in a state of repair and stall. And because of political problems in the UK, the shrinking economic growth rate will not be under control in a short period. The Bank of England expects the slowdown in the economy to continue into early 2024. At the same time, they will be more serious, including high inflation, declining business and personal spending, and economic deterioration.
EXPIRED
1.73850
Entry Price
1.71220
TP
1.76505
SL
1.93124 +0.00110 +0.06%
--
Pips
EXPIRED
1.71220
TP
1.70760
Exit Price
1.73850
Entry Price
1.76505
SL
Fundamentals
Boris Johnson will step down as British Prime Minister in September this year. During his few months in office, Britain has been in a "political vacuum" and the economy has been getting worse. Mr Johnson and Mr Zahawi have taken holidays as the UK economy deteriorates and British government offices have been a "zombie government".
As a recent report from the Bank of England showed that inflation in the UK could hit 13%, the central bank raised interest rates to the highest level in 27 years. In addition, the Bank of England also predicted that the British economy will fall into recession in the fourth quarter, and the recession trend will last as long as five quarters. In addition, in the second half of 2022, the UK may enter a period of economic contraction. When the British Prime Minister changes, the instability of the regime may lead to a more unstable economy in the UK.
Britain's GDP may have contracted by 0.2% in the second quarter, meaning the British economy is almost in a state of repair and stall. And because of political problems in the UK, the shrinking economic growth rate will not be under control in a short period. The Bank of England expects the slowdown in the economy to continue into early 2024. At the same time, they will be more serious, including high inflation, declining business and personal spending, and economic deterioration.
The GDP report is likely to show that the economy shrank by 1.2% in June alone. The Bank of England recently warned that the UK could slip into recession in the fourth quarter of 2022 and continue to shrink throughout 2023, with energy the main factor.
In Europe, oil and gas are one of the main items of household spending.
From October, utilities will be allowed to charge an average of £4,000 a year for electricity and gas, the highest level ever and almost four times what it was a year ago. The Bank of England said recently that natural gas futures are now about to double their May levels, prompting the central bank to sharply raise its inflation outlook.
The Bank of England said recently that natural gas futures are now about to double their May levels, prompting the central bank to sharply raise its inflation outlook.
Technical Analysis
2.1 Daily Chart of GBPAUD
Candlestick: It forms a long black body.
Key Support Level: It suppresses the price downside, suitable for going short.
Bears: Bears dominate the market, indicating that the market will turn bearish.
OBV: The overbought area is suitable for going short, with ample downside room.
Fast and Slow Trendlines: They are below the central axis with the main trend of going short. There is a possibility of price retracement, suitable for going short in the short term.
Moving Average: It is in the bearish downward arrangement.
In the downward channel, the upper track has been effectively stepped back 5 times, and the price is still running within the channel, suitable for going short.
Entry Price: 1.73850;
Take Profit: 1.71220;
Stop Loss: 1.76505.
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