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The Brent crude oil price has formed a double bottom pattern as investors wait for the upcoming meeting between Joe Biden and Salman of Saudi Arabia. Oil is trading at $113.55, which is about 5.25% above the lowest level last week. This price is also about 18% below the highest level this year. Meanwhile, the WTI oil price is trading...
The GBP/USD price is moving sideways as investors position themselves for the new month and quarter. It is trading at 1.2107, which is slightly below Monday’s high of 1.2166. This price is also slightly above last week’s low of 1.1975. So, what’s ahead for the GBP to USD exchange rate? BOE financial stability report The pound to dollar exchange rate...
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