Tag: GBPUSD

GBP/USD Forecast January 25, 2012, Technical Analysis

by FX Empire | January 25, 2012 7:05 am
GBP/USD initially fell for the session on Tuesday, but found its footing later on and rose overall. The resulting candle is shaped much like a hammer, and is sitting just above the 1.55 level.

25th January, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | January 25, 2012 6:23 am
With the Fed’s Interest Rate decision due today, the US Dollar is trading sideways against most of the FX majors. The medium trend is bullish till 79.60 ranges are holding on weekly closing basis, though 83.30 ranges...

23rd January, 2012 – Daily Forex Report by GFM Research

by gfmresearch.com | January 23, 2012 6:50 am
Strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials resulted in the Dollar Index loosing more then 1.2 points during last week. The medium trend is bullish till 79.60 ranges are...

GBP/USD Forecast January 23, 2012, Technical Analysis

by FX Empire | January 23, 2012 4:00 am
The GBP/USD pair rose on Friday and continued the massively bullish move we had seen over the last several days as the 1.55 level gave way as resistance. The move was relentless, and it appears that some...

GBPUSD Analysis – January 21, 2012

by ForexCycle.com | January 21, 2012 3:21 am
After breaking below 1.5272 previous low, GBPUSD rebounded strongly from 1.5236, suggesting that a cycle bottom has been formed on daily chart. Further rise could be seen over the next several weeks, and the target would be...

GBP/USD Forecast January 20, 2012, Technical Analysis

by FX Empire | January 20, 2012 6:27 am
GBP/USD rose again for the session on Thursday as the “risk on” trade got a boost by the successful bond auctions in Europe. The pair is highly sensitive to global risk and especially European risk as the...