Weekly Technical Analysis & Price Market Strategy- Capital Street FX
WEEKLY SNAPSHOT Trade Balance (Jan), U.K. WHEN: WHAT IT HAD INFLUENCED: 20 MARCH 2023 GBP and its subsequent pairs WHAT HAPPENED: The Trade Balance measures the difference in value between imported and exported goods and services over the reported period. A positive number indicates that more goods and services were exported than imported (a trade surplus). A negative number indicates that fewer goods and services were exported than imported (a trade deficit) EURGBP is currently in a downward channel. The fur...