GBP/USD Forecast May 2, 2012, Technical Analysis
The GBP/USD pair fell for much of the Tuesday session, only to bounce and form a hammer by the end of the day. The hammer was formed at the 1.62 level, and as a result it looks...
Tag: GBPUSD
GBP/USD Forecast May 1, 2012, Technical Analysis
The GBP/USD pair fell hard on the Monday session as the rally finally stalled. This wasn’t a big surprise on a day that saw so much risk aversion in general, especially since the pair has been so...
Weekly technical analysis for 23.04-4.05
EURUSD
GBP/USD Forecast April 30, 2012, Technical Analysis
The GBP/USD pair is absolutely out of control, and the bullishness continued on Friday. The move has been strong and relentless, and on top of that – the United Kingdom has recently gone into recession! None the...
GBPUSD Analysis – April 28, 2012
GBPUSD’s upward movement from 1.5602 extends to as high as 1.6279. Further rise is still possible next week and next target would be at 1.6450 area. Support is now at 1.6150, only break below this level could...
GBP/USD Forecast April 27, 2012, Technical Analysis
The GBP/USD pair rose again during the Thursday session as the breakout continues. However, by the end of the session we saw a doji, and the last couple of days are starting to look a bit exhausted,...
Technical analysis for 26/04
GBP/USD Forecast April 26, 2012, Technical Analysis
The GBP/USD pair fell for the first half of Wednesday, but bounced again to produce a hammer. This is especially impressive as the UK officially went into recession during the session as well! Because of the resilience...
Forex-Metal Daily Analysis -25/04/2012
The euro strengthened amid positive results of auctions of Italy, Spain, and Netherlands governments’ bonds.
GBP/USD Forecast April 25, 2012, Technical Analysis
GBP/USD had a bullish day on Tuesday, proving the hammer from the Monday session to be support after all. However, with the Federal Reserve meeting and announcement coming later in the day, it is best to wait...