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Mocaz FM Ltd
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The Official Mocaz Financial Markets Limited on Google Plus
The Official Mocaz Financial Markets Limited on Google Plus

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UK General Election

What it is: Voters in the United Kingdom will elect 650 members to the UK's Lower House of Parliament, from which the party with the most seats will form a government. Similar to any democratic elections, results will usually be projected before official counts are announced, looking at early vote counts and exit polls.

Outlook:
A smaller Tory majority will be disappointing, with a hung Parliament likely to hit GBP hard. The "youth vote" disappointed with Brexit is widely expected to swing support to Labour in large numbers. Expect swings to occur between 9 pm Thursday to about midnight GMT when markets tend to be less liquid. Final results are expected by the market opening bell the following day.

Technically, the GBPUSD is still in an uptrend. After surging to a new uptrend past resistance at 1.2620 mid-April, cable was taken all the way to around 1.3000 before coming off to pivot around 1.2850. At the time of writing, spot is 1.2945 dollars.

We're hearing of order clusters between 1.3145-1.3235 but coming up against the election date, we're not certain if limit offers there will turn into stop bids. However, given the likelihood of a hung Parliament, the GBPUSD is likely to test support at 1.2765 and then re-test 1.2500 and beyond if Labour wins comfortably.

The sterling's new uptrend would have to break convincingly higher above 1.3235 for the upswing to look like it's confirmed.

#UKelection
#TheresaMay
#JeremyCorbyn
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Ramadan Sprint Live Account Contest

Traders, you may start your trading today and be the best among the best! The contest officially starts now. Only TRADE, COMPETE AND WIN!

Expand your trading skills TODAY and stand a chance to earn CASH PRIZES up to $15 000!

Stay tuned with us at mocaz.com for more updates.

#ramadan
#forexcontest
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Ramadan Sprint Live Account Contest

Traders, you may start your trading today and be the best among the best! The contest officially starts now. Only TRADE, COMPETE AND WIN!

Expand your trading skills TODAY and stand a chance to earn CASH PRIZES up to $15 000!

Stay tuned with us at mocaz.com for more updates.

#ramadan
#forexcontest
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RAMADAN SPRINT LIVE ACCOUNT CONTEST!

Maximise your trading skills during the Holy Month of Ramadan and increase your odds among other traders to earn CASH PRIZES! With over $15 000 CASH PRIZES, trade, compete and win!

You can register your participation at mocaz.com. Contest begins on 29th of May 2017. Stay tuned and keep updated with us.

#forex
#ramadan

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Finest Month, Finest Offers!

Register for your RAMADAN SPRINT LIVE ACCOUNT CONTEST NOW and grab a chance to win collective CASH PRIZES worth $15 000! Be among the TOP 20 TRADERS and WIN CASH PRIZES to sparkle your Ramadan and upcoming Syawal!

Spread the words and share the joy. Stay tuned with us at mocaz.com!

#ramadan
#forex

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RAMADAN SPRINT LIVE ACCOUNT CONTEST

The long wait is over! Traders finally can REGISTER for the LIVE ACCOUNT CONTEST today at www.mocaz.com! For EXISTING CLIENT, enter your LOGIN credentials, whereas for NEW CLIENTS, simply REGISTER for a trading account with us.

REGISTER TODAY and keep calm in your cocoon until the contest start. Returning clients, do share and invite your friends! Sharpen your trading skills, and execute it starting 29th May 2017!

Stay tuned with us for more updates.

#ramadan
#forexcontest

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RAMADAN SPRINT LIVE ACCOUNT CONTEST!

ONLY 3 MORE DAYS to the registration date. With only a few simple steps, prepare your credentials and START REGISTER with us starting this Monday, 15th of May 2017!

Grab your chance to WIN GRAND PRIZE of $6000, and keep yourself updated with us at mocaz.com.

#ramadan
#forexcontest
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RAMADAN SPRINT LIVE CONTEST!

You are only 5 DAYS away from the registration date of our new trading contest! Stand a chance to win CASH PRIZES of Prize Pool worth $15 000.

Registration begins on May 15th next week. Spread the words and stay tuned with us!

#ramadan
#forexcontest
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RAMADAN SPRINT LIVE CONTEST!

You are only 5 DAYS away from the registration date of our new trading contest! Stand a chance to win CASH PRIZES of Prize Pool worth $15 000.

Registration begins on May 15th next week. Spread the words and stay tuned with us!

#ramadan
#forexcontest
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Post has attachment
RAMADAN SPRINT LIVE CONTEST!

You are only 5 DAYS away from the registration date of our new trading contest! Stand a chance to win CASH PRIZES of Prize Pool worth $15 000.

Registration begins on May 15th next week. Spread the words and stay tuned with us at mocaz.com!

#ramadan
#forexcontest
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