Home -

Broker -

Main body -

WikiFX Express

GBPUSD retreats on sour sentiment, doubts over Brexit

MTRADING | 2022-11-23 10:59

Abstract：GBP/USD remains pressured towards 1.1500 during early Thursday morning in Europe, reversing the previous day’s rebound, as global markets remain dicey ahead of the US data.

GBP/USD remains pressured towards 1.1500 during early Thursday morning in Europe, reversing the previous day‘s rebound, as global markets remain dicey ahead of the US data. The market’s risk profile turned weak as indecision among the Fed policymakers, especially after the last weeks strong US data, joined escalating coronavirus fears from China.

As a result, the US Dollar defends the previous weekly gain amid a rush for risk safety. The same weighed on the commodities and Antipodeans. Among them, crude oil prices dropped the most as demand woes escalate and supply fears eased, mainly due to Chinas covid conditions and easing fears from Russia.

The British government is breaching the withdrawal agreement with the European Union by requiring EU citizens to reapply for the right to live and work in the United Kingdom, an independent body set up to oversee citizens rights told a London court on Tuesday, reported Reuters.

AUDUSD justifies its risk barometer status while GBPUSD has an additional negative, namely Brexit, to trim some of its latest gains.

Cryptocurrencies continued portraying the market‘s fears as FTX-inspired shock isn’t forgone and suggests more hardships for the BTCUSD and ETHUSD.

Forex Broker Forex Analysis Forex news

Related broker

Not Regulated

MTRADING

Company name：ServiceComsvg LLC

Score

2.31

Website：https://mtrading.com

5-10 years | Questionable Regulatory License | MT4 Full License | MT5 Full License

Score

2.31

Best Lowest Spread Forex Brokers in Indonesia 2026

Indonesia's retail forex market has matured into one of Southeast Asia's most active. With more than 800,000 Indonesians now trading currencies online and demand for tighter pricing rising every year, the spread — the gap between a broker's bid and ask quote — has become the single most decisive cost factor for active traders. A difference of even half a pip on EUR/USD can add up to thousands of US dollars annually for a trader running 50+ standard lots a month. This guide breaks down the brokers offering the lowest spreads to Indonesian traders in 2026, explains exactly how spread mathematics impacts your bottom line through real trader scenarios, and walks through the regulatory framework you should understand before depositing.

Original 2026-05-20 20:33

CFI Expands UAE Offering with Direct Access to Dubai Stocks

CFI has added more than 40 Dubai-listed stocks to its platform, widening its UAE product range as forex brokers in the region continue expanding beyond currency trading.

Original 2026-05-20 18:23

ECN vs STP Forex Brokers: A Complete 2026 Comparison

If you've spent any time researching forex brokers, you've almost certainly run into the labels ECN and STP. They sound technical, broker marketing departments use them interchangeably, and the actual difference matters more for your trading costs than most beginners realize. Both ECN and STP are No Dealing Desk (NDD) execution models — neither broker type takes the opposite side of your trade. That alone separates them from market makers and matters because it removes a fundamental conflict of interest. But the way each model routes your order, prices it, and earns revenue is structurally different, and those differences directly translate into the spread you pay, the slippage you absorb, and whether your strategy is profitable at scale. This guide breaks down exactly how the two models work, where they diverge, and which one fits which type of trader.

Original 2026-05-20 17:29

RoboForex Review 2026: Examining Withdrawal Issues and Unfair Account Termination Complaints

While trading with any forex broker, the fundamental aspect to look at is its regulation and user reviews. Today, we will examine the RoboForex broker, its offerings, user reviews, regulatory perspective and more. In a nutshell, user reports have been largely negative for this broker in 2026, with many complaining about funds being withheld despite KYC confirmation, illegitimate account termination and other trading aspects. Let’s start investigating all of these in this RoboForex review article.

Original 2026-05-20 15:16