Correlation between the British currency and oil | 09 September 2021

09 September 2021, GBP/USD

Correlation between the British currency and oil

GBPUSD trading plan:

The bullish rally in the oil market will have a positive impact on the value of the British currency, as assets correlate with each other. More than 70 platforms of the 288 evacuated ahead of the August storm remain unoccupied, according to the Bureau of Safety and Environmental Enforcement. Occidental Petroleum disclosed that 7 of its 10 offshore production platforms remain offline since Ida. Restarts have been delayed by damages to offshore oil and gas transfer facilities and onshore processing operations, it said. Royal Dutch Shell this week said a production hub that brings oil and gas from three offshore oilfields was damaged by the storm. It has been unable to determine the full extent of the damage or provide a schedule for restarting.

Investment idea: buy 1.3752 and take profit 1.3860.

New — already ninth — portfolio includes the best trading ideas for currency pairs, cryptocurrencies, stock indices and commodities. Selected instruments are able to show the highest profitability in September.

The advantages of portfolio trading can be listed endlessly, and the results of our traders speak for themselves: in 2021, FreshForex clients used 8 investment portfolios, with a total annual income of 104.8%!

Grab the new invest-portfolio and confidently raise your profit:

1. Make a deposit of $90 or more until September 30. These funds remain on your account and are completely at your disposal for trading.

2. Send a number of your funded trading account at school@freshforex.com.

3. Done! You receive the portfolio as a PDF file by email right after your request is processed.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .
manager photo manager photo
Online-support
We will be pleased to answer any questions you may have

Write

Get bonus