GBP/USD Open 1.5584 High 1.5618 Low 1.5445 Close 1.5591 On Tuesday Pound/Dollar continued ascending, in line with the positive Interbank sentiment at around +13%. The Cable appreciated from 1.5445 to 1.5599 yesterday, closing the day at 1.5591.
The Dollar appreciated against the most of its major counterparts on Tuesday, as a drop in U.S. consumer sentiment to a five-month low cut risk appetite. Yesterday, the CB Consumer Confidence index for July fell to 50.4,...
The USD mirrored the broad marketplace in the States on Tuesday turning in a mixed performance. The USD traded in a stable manner against the EUR but continued to lose ground to the Sterling.
The EUR traded in a stable manner on Tuesday refusing to give up any of its gains made previously against the USD. Range trading was largely the result for the Single Currency in rather tentative markets.
The Sterling continued to outperform on Tuesday as it gained solidly against the USD. The CBI Realized Sales reading produced a report that far exceeded expectations yesterday with an outcome of 33, beating the forecast of 2...
The JPY lost ground to the USD on Tuesday as risk appetite showed signs of increasing within Asian bourses. The Asian economies continue to be the subject of intense discussions regarding their long term prospects particularly when...
Studying the daily chart for the pair, we can see that it managed to breach resistance of the bearish short-term trend at 1.6440 and succeeded in retesting it in many occasions, while it is going to the...
EURUSDThe pair is finding a hard time surpassing the pivotal resistance of 1.2990, fluctuating below this level and above resistance for the previously breached bullish channel. This fluctuation has helped the pair to gain bullish momentum that we...
Crude managed to achieve a strong breach of support for the sideway range 78.50 surpassing the awaited key target at 77.35, breaching support for the short term bullish channel and stabilized below it. Momentum indicators are showing...
GBPUSD: The GBP has now broken free of the prior high and has converged on the 200 day moving average. The GBP has not traded above the 200 day MA since late January. A close above the...
