GBP/USD Forecast May 15, 2012, Technical Analysis

by FX Empire | May 15, 2012 7:54 am
The GBP/USD pair rose on Monday as the Pound gained for much of the session. However, by the end of the daily session, the pair had given up most of its gains. The 1.6050 level had been...

GBP/USD Forecast May 14, 2012, Technical Analysis

by FX Empire | May 14, 2012 7:45 am
The GBP/USD pair fell hard on Friday as the risk appetite of the global markets continues to fall. The 1.6050 level has been supportive lately, and this is exactly where the market sits at the moment.

GBPUSD Analysis – May 12, 2012

by ForexCycle.com | May 12, 2012 2:02 pm
GBPUSD has formed a cycle top at 1.6301 on daily chart. Further decline to test the support of the upward trend line could be seen next week, a clear break below the trend line could signal completion...

GBP/USD Forecast May 11, 2012, Technical Analysis

by FX Empire | May 11, 2012 6:44 am
The GBP/USD pair had a back and forth session on Thursday to trigger a buy signal on a break of the hammer top from the previous session. However, the pair also drew back a bit to form...

10 May 2012, Daily forex report – GFM Research Private Limited

by gfmresearch.com | May 10, 2012 6:41 am
The US Dollar has traded mixed bag wherein it has strengthened against the Common Currency and the Aussie while trading flat against the Cable and the Japanese Yen. The Dollar Index is trading range bound between 80.65...

GBP/USD Forecast May 10, 2012, Technical Analysis

by FX Empire | May 10, 2012 6:40 am
The GBP/USD pair fell for most of the session on Wednesday in order to retest the 1.6050 level for support. In the end, it go it as the pair bounced hard from that point. The resulting candle...