GBP/USD Forecast April 6, 2012, Technical Analysis
The GBP/USD pair fell hard on Thursday as the “risk off” theme came back into the markets. The 1.58 area is just below, and it looks like it may have held as support by the end of...
Tag: GBPUSD
Forex-Metal Daily Analysis -05/04/2012
Technical analysis for 5/04
GBP/USD Forecast April 5, 2012, Technical Analysis
The GBP/USD pair fell for much of the Wednesday session as the Dollar continued to gain against most other currencies. The Pound of course wasn’t any different, and this saw the bears take control for most of...
GBP/USD Forecast April 4, 2012, Technical Analysis
The GBP/USD pair fell hard during the session on Tuesday as the Federal Reserve failed to give the signal for continued easing during the minutes release. The 1.60 level has held as resistance, and we even mentioned...
Forex-Metal Daily Analysis -03/04/2012
The negative Euro-zone news’ release pressured the Euro currency.
GBP/USD Forecast April 3, 2012, Technical Analysis
The GBP/USD pair rose again during the Monday session, but finished a bit flimsy. The 1.60 level has been broken, but the pair is closing as a bit of a doji, if not a semi-shooting star. The...
Forex-Metal Weekly Analysis
Market review for 26 – 30.03, 2012 Euro: At the beginning of the week the Euro showed slightly growth against its competitors
GBP/USD Forecast April 2, 2012, Technical Analysis
The GBP/USD closed the session just above the 1.60 level, and as a result we think the pair has entered another leg up. However, the close isn’t convincing yet as it is just ten pips above the...
GBPUSD Analysis – April 1, 2012
GBPUSD broke above 1.5991 resistance, and reached as high as 1.6038, suggesting that the uptrend from 1.5236 has resumed. Further rise could be expected next week, and next target would be at 1.6200-1.6300 area. Support is at...
GBP/USD Forecast March 30, 2012, Technical Analysis
The GBP/USD pair rose during the session on Thursday as the pair gained traction from the 1.59 handle. The pair looks very healthy, but the 1.60 level is looming just above. This area is a massive resistance...