The GBP/USD pair shot straight up on Wednesday as traders took on more risk for the session. However, the pair is currently at the bottom of a massive consolidation pattern from just a couple of session back,
The Dollar Index continues correction for the third day on the event of strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials. The medium trend is bullish till 80.00 ranges are...
The euro grew against the U.S. dollar and its others major competitors.
GBP/USD rose during the Tuesday session as traders sold off the US dollar in general. The pair is highly risk sensitive, and as the markets was in a good mood overall for the day – this pair...
Correction in the Dollar Index continues on the event of strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials. The medium trend is bullish till 80.00 ranges are holding on weekly...
The good news for the Euro: France placed its government bonds on 8.59 billion
Market review for 09 -13.01, 2012
GBP/USD fell hard for the session after first rising on Friday. However, the pair did finish slightly lower to form a doji after all was said and done. The indecisions is in concert with a massive support...
GBPUSD broke below 1.5272 support, suggesting that the downtrend from 1.6745 (Apr 28, 2011 high) has resumed. Further decline would likely be seen next week, and next target would be at 1.5000 area. Resistance is now at...
GBP/USD fell below the 1.53 level on Thursday, but didn’t manage to stay under it. The area is serious support, and a breaking below the support zone would have massive implications in the pair going forward.
