Tag: GBPUSD

GBP/USD Forecast June 11, 2012, Technical Analysis

by FX Empire | June 11, 2012 7:24 am
The GBP/USD pair fell during the Friday session as the Pound’s woes continued. The Dollar has been relentlessly gaining on European currencies in general, and the Pound is no different.

GBPUSD Analysis – June 10, 2012

by ForexCycle.com | June 10, 2012 4:12 am
Being supported by 1.5236 previous low, GBPUSD rebounds from 1.5268, suggesting that a cycle bottom has been formed on daily chart. However, the bounce is treated as consolidation of the downtrend from 1.6301, another fall to retest...

GBP/USD Forecast June 8, 2012, Technical Analysis

by FX Empire | June 8, 2012 6:40 am
The GBP/USD pair initially spiked during the Thursday session as the “risk on” trade came back into the fray. However, by the end of the day we had given up quite a bit of ground and the...

GBP/USD Forecast June 7, 2012, Technical Analysis

by FX Empire | June 7, 2012 6:06 am
The GBP/USD pair managed to bounce hard finally on the session as the hammer from the previous Friday finally trigger buy orders. The pair is a risk sensitive one, and as a result we think that this...

Forex-Metal Daily Analysis -06/06/2012

by Forex-Metal.com | June 6, 2012 8:40 pm
The Reserve Bank of Australia lowered the interest rate by 0.25 % points – to 3.5 %.   Asian and European trading sessions:

GBP/USD Forecast June 6, 2012, Technical Analysis

by FX Empire | June 6, 2012 8:02 am
The GBP/USD pair continued to grind sideways on Tuesday as the pair simply has no real catalyst to rise, but the Dollar is being speculated against as the ideas of another round of quantitative easing are in...

GBP/USD Forecast June 4, 2012, Technical Analysis

by FX Empire | June 4, 2012 7:30 am
The GBP/USD pair fell again on Friday as the Non-Farm Payroll numbers for the month of May come out at just 69 thousand jobs added in America. This had a bit of speculation enter the market that...

GBPUSD Analysis – June 2, 2012

by ForexCycle.com | June 2, 2012 8:59 am
GBPUSD is facing 1.5236 support, a breakdown below this level will indicate that the downtrend from 1.6745 (Apr 28, 2011 high) has resumed, then further decline towards 1.4500 could be seen. Resistance is at 1.5500, only break...