The GBP/USD pair saw a weak session on Thursday as the traders came back to worrying about the European debt issues over the session. The pair looks very weak at this point, and it is worth noting...
With the benchmark equity index trading soft the, US Dollar continued appreciating across the board; the Common Currency has lost most against the Greenback as compared to other currencies followed by the Cable. The medium trend is...
Most of the asset classes especially the benchmark equity index of the Dow Jones Industrials, resulting in appreciation of the US Dollar across the board; the Common Currency has lost most against the Greenback as compared to...
GBP/USD fell overall during the session on Wednesday as the pair reached the upper end of the recent consolidation range. The 1.57 level just above the current price has been the start of a resistance zone up...
GBP/USD rose sharply during the Tuesday session as traders bought the “risk on” story for the day. However, we have seen this story before, and know how quickly things can change in these markets. The pair is...
The Dollar Index succumbed to profit taking after hitting historic resistance zone of 81.00 ranges and is currently trading at 79.90 ranges. The medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though...
GBP/USD went basically unchanged for the Monday session as traders went back and forth in a 100 pip range. The pair currently resides in the 1.55 area, and this level has been very important lately.
The Dollar Index again found resistance in the ranges of 81.00. Major trend is range bound between 73.40 and 81.40; the medium trend is bullish till 77.50 ranges are holding on weekly closing basis, though 81.40 ranges...
Being contained by 1.5272 support, GBPUSD formed a sideways consolidation below 1.5779. Another fall to test 1.5272 support is possible next week, a breakdown below this level could bring price to 1.4500 zone. On the other side,...
GBP/USD fell on Thursday as the Italian bond auction didn’t go as well as expected. This pushed riskier assets down, but the follow thorough just wasn’t there in this pair. Because of this, we saw the pair...
