GBP/USD Forecast June 28, 2012, Technical Analysis

by FX Empire | June 28, 2012 7:46 am
GBP/USD had a negative day on Wednesday as the Pound in general was sold off. The pair currently sits just above the 1.5550 level, a place that we have identified as potential support. Of course, we need...

Forex-Metal Daily Analysis -27/06/2012

by Forex-Metal.com | June 27, 2012 6:28 pm
The negative results of the auctions on Italy’s and Spanish bonds pressured the Euro currency.   Asian and European trading sessions:

GBP/USD Forecast June 27, 2012, Technical Analysis

by FX Empire | June 27, 2012 7:20 am
The GBP/USD pair found itself gaining during the session as the Pound showed strength around the board. The cable pair typically will move with risk appetite, but it may be gaining simply because it is the strongest...

GBP/USD Forecast June 26, 2012, Technical Analysis

by FX Empire | June 26, 2012 7:23 am
The GBP/USD pair fell slightly during the Monday session as the stock markets around the world fell. The pair is highly risk-sensitive, and as a result it makes sense that the pair would lag on a day...

GBP/USD Forecast June 25, 2012, Technical Analysis

by FX Empire | June 25, 2012 8:53 am
GBP/USD fell just slightly at the end of the session on Friday as the market seemed content on digesting the losses on Thursday. The 1.57 level held the bulls down, and as a result we think this...

GBPUSD Analysis – June 23, 2012

by ForexCycle.com | June 23, 2012 1:23 pm
GBPUSD may be forming a cycle top at 1.5776 on daily chart. Further fall to test 1.5268 support would likely be seen, a breakdown below this level will signal resumption of the downtrend from 1.6301, then next...

GBP/USD Forecast June 22, 2102, Technical Analysis

by FX Empire | June 22, 2012 7:32 am
The GBP/USD pair broke down for the session on Thursday as the concerns in global economies continue. There are several British banks on the radar screens of the credit agencies now, and as a result we like...

GBP/USD Forecast June 21, 2012, Technical Analysis

by FX Empire | June 21, 2012 6:37 am
The GBP/USD pair had a wild day on Wednesday in order to finish the day basically unchanged. The pair will be sensitive to a lot of different things at once, but the most interesting fact is that...