Correlation between the British currency and oil | 20 tháng tư 2022

20 tháng tư 2022, GBP/USD

Correlation between the British currency and oil

GBPUSD trading plan:

Libya’s oil production has fallen by about half a million to 900,000 barrels a day, the lowest in months, as a wave of demonstrations against the prime minister engulfs energy industry. The nation’s biggest oilfield Sharara in the west of the country, which can pump 300,000 barrels a day, was closed on Monday after protesters gathered at the site to demand that Prime Minister Abdul Hamid Dbeibah quit. That came after the nearby El Feel deposit, with a daily capacity of 65,000 barrels, was halted for the same reason. This is a positive signal for oil and the British currency, as assets correlate with each other.

Investment idea: buy 1.2975 and take profit 1.3025.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .