Brexit in a week from 18/2 - 23/2/2020
Last week, Great Britain surprised by very good macroeconomic data. The pound, however, did not react much to them and tended to balance on significant support. Will it break through and weaken this week? Or will consolidation continue in the upward trend? More details in . . .
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Brexit in a week from 10/2 - 17/2/2020
While concerns about coronavirus are rising, the British Pound strengthened quite significantly last week, bouncing off key support after good fundamental economic data has been reported and the UK balance of payments has reached a positive level for the first time since . . .
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Brexit in a week from 3/2 - 9/2/2020
Hardly had the UK left the EU formally, Prime Minister Boris Johnson began last week with strong rhetoric, warning that he might  introduce customs duties on EU import. The pound responded to that  by a drop of 200 pips on Monday. Will further depreciation of the . . .
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Brexit in a week from 27/1 - 2/2/2020
Day D has come and the UK ceased to be a member of the EU on Friday January 31, 2020. The central bank BoE left interest rates unchanged and the GBPUSD appreciated to 1.320. Will GBPUSD re-attack level 1.35 soon? And what awaits us in the post brexite era? Follow our . . .
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How FX brokers work - behind the scenes of order execution
Purple Trading is a broker offering the most transparent order transaction model: Straight-Through Processing or STP. Purple Trading was founded by fintech company, Purple Technology and in an interview for Comparic.pl, Purple Trading’s CEO, David Varga, spoke frankly . . .
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Brexit in a week from 13/1 - 19/1/2020
In less than two weeks, the UK will no longer formally be a part of the EU. This fact is already priced in the GBPUSD and the pound sterling is waiting for further impulse while a set of recent economic data showed rather negative news. Read more about this in our article . . .
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Brexit in a week from 6/1 – 10/1/2020
The Brexit deadline is approaching and the UK will leave the EU on January 31,2020.  However, this does not end here because the crucial part is yet to come. Britain will have to negotiate the form of relations with the EU during the transition period and there are . . .
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Brexit in a week from 9/12 - 15/12/2019
Europe has lost London and Britain belongs to Johnson. This is what some headlines in the foreign press looked like after the British had clearly chosen Brexit when the Conservative Party won the elections. In response, the GBPUSD strengthened sharply to 1.35. More on this . . .
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Brexit in a week from 2/12 - 8/12/2019
Today we are continuing with the previous articles, where we discussed current news about Brexit. This week will be absolutely crucial for further development of the pound sterling with regard to the elections held on Thursday December 12, 2019. What are the current . . .
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Brexit in a week from 19/11/2019
In previous articles, we had been continuously reporting on Brexit, the UK's departure from the EU. This was originally to have occured on October 31, 2019. However, Brexit did not happen because the Brexit Agreement was not approved in the British Parliament. The . . .
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