FOMC will release its latest interest rate decision tomorrow with 25 basis points cut as market consensus. On EURUSD daily chart, price has shown sign of strength confirming support at 1.1100 level.
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Gold has broken out of a 5-year's consolidation on the monthly chart. After a tight consolidation of last week, price is ready to push higher again since a firm close above 1500 yesterday.
UK Parliament delayed the Brexit date to 31 January 2020. Uncertainty still hovering in the UK sky. GBPUSD fell accordingly not just today but further weakness may be due in the coming days.
Brexit deadline is approaching. But the potential delay of Brexit to January next year may bring chaos of the financial markets. How the GBPUSD will unfold today?
