Hi guys, today í’ll be Trading Forex With The News (Fundamental Analysis).

GBP/USD has come under renewed bearish pressure ahead of the weekend.
Money markets fully price in a 20 bps BoE hike in December.
EU rules out any compromise on ECJ’s involvement in trade regulation.
The British pound has lost its strength ahead of the weekend and the technical outlook points to a bearish shift in GBP/USD. Investors will keep a close eye on headlines surrounding the negotiations on Brexit’s Northern Ireland (NI) protocol.

Fundamental analysis is the process of breaking down the impact of political, economic and social factors on the relative value of a currency. Through identifying the primary drivers of a currency’s intrinsic value, forex participants are then able to craft informed trading decisions.

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