GBP/USD Technical Analysis October 13, 2011
The GBP/USD rose rapidly during the Wednesday session, as the global risk attitude of traders increased. Also, there certainly would have been some short-covering by traders as the pair bounced.
Tag: GBPUSD
13th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued loosing streak on the event of stronger asset classes especially the equity bourses; the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00...
Forex-Metal Daily Analysis – 12/10/2011
The euro decreased in the threshold of the voting over the EFSF expansion. Asian and European trading sessions: Euro: The euro traded in the narrow range after the yesterday’s rapid growth against the greenback. The EUR/USD traded...
12th October, 2011 – Daily Forex Report by GFM Research
The Greenback traded dull against most of the FX majors, the short-term trend is still weak till the Dollar Index does not close above 78.50 on daily basis. Though 76.00 ranges are expected to again act important...
GBP/USD Technical Analysis October 12, 2011
The GBP/USD pair had a fairly quiet day as the markets were largely in rest mode for the Tuesday session. The pair has bounced as high as 1.57, but the area proved to be overly resistive to...
Forex-Metal Daily Analysis – 11/10/2011
Euro showed its considerable growth against the greenback.
GBP/USD Technical Analysis October 11, 2011
The GBP/USD pair rose on Monday as traders piled into the “risk on” trade. The market finished the New York session at the top of its recent trading range, and is now at a crossroads of sorts.
11th October, 2011 – Daily Forex Report by GFM Research
The Dollar Index continued to correct on the event of stronger asset classes across the globe especially the equities. Though 76.00 ranges are expected to again act important support, 79.80 ranges are expected to act as formidable...
10th October 2011 – Daily Forex Report by GFM Research
Stronger equity bourses led to profit taking in the Greenback. After the Dollar Index hit resistance zone of 79.80, long liquidation was observed; 76.00 ranges is expected to again act important support. Historic resistance is seen in...
GBP/USD Analysis (October 09)
The pair has bounced on top of the 1,53 level tested for the second time in 3 weeks.