GBP/NZD Great British Pound / New Zealand Dollar

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European Market Open: Stocks push higher as Biden becomes president

January 21, 2021 7:17 AM

European markets are expected to follow US and Asian stocks higher today after Joe Biden became the new president of the US, paving the way for more fiscal stimulus for the world’s largest economy.

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British Pound at key levels after higher inflation and higher daily coronavirus deaths: GBP/USD, GBP/JPY, GBP/NZD, EUR/GBP

January 20, 2021 9:01 PM

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US Market Open: Biden inauguration to kickstart new era

January 20, 2021 12:16 PM

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Pivot Points

  • Pivot Point
  • Distance

    Distance

    Distance shows the difference between the pivot point and bid rate. It is calculated by subtracting the ask rate from the pivot point rate.

  • Bid
  • Ask
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Understanding Pivot Points

Pivot points are used by traders as a predictive indicator and denote levels of technical significance. When used in conjunction with other technical indicators such as support and resistance or Fibonacci, pivot points can...Read More
Learn more about Technical Analysis