GBP/USD fell during the session on Wednesday as the Pound got absolutely hammered against most other currencies. The pair has been grinding lower, and we even suggested that perhaps it was getting ready to make a significant...
The U.S. dollar fell against the background of positive dynamics in the European, Asian and U.S. stock markets.
The Dollar Index traded sideways for most of the day; the US Dollar closed marginally strong against the Euro whereas closed flat against other majors. The medium trend is bullish till 80.00 ranges are holding on weekly...
The GBP/USD pair rose slightly during the session on Tuesday while the markets in general were quiet. The pair is approaching the 1.55 handle, and that was the scene of the latest break of support in this...
The Euro grew due to the positive expectation of meeting of leaders of Germany and France. Asian and European trading sessions: Euro: During the Asian trading session on Monday the Euro was raising against its major competitors...
GBP/USD rose during the session on Monday as the pair reached the bottom of its recent consolidation zone. The last time we reached this low, the pair bounced a bit, but failed to reach the top of...
The Dollar Index succumbed to profit taking; the Cable, the Aussie Dollar and the Euro have appreciated from the lows during the American Session. The medium trend is bullish till 80.00 ranges are holding on weekly closing...
The Dollar Index continued to appreciate on the event of the benchmark equity index of the Dow Jones trading soft; the Common Currency has lost most against the Greenback as compared to other currencies followed by the...
GBP/USD fell on Friday as traders continue to show concern of all things European related. The 1.55 to 1.53 level is one massive support zone, and a break below that area would signal that the rout is...
GBPUSD traded sideways in a range between 1.5362 and 1.5779 for several weeks. The price action in the range is likely consolidation of downtrend from 1.6164, and another fall to re-test 1.5272 support would likely be seen...
