GBP/USD Analysis (September 25)
The break below 1,57 has accelerated the downside move towards the 1,5350 support from the end of december 2010 which is now being tested.
Tag: GBPUSD
GBP/USD Technical Analysis September 26, 2011
The GBP/USD pair fell after rising to the 1.55 level on Friday. The area was recently support, so a retest of it as resistance would be expected by the markets, and it did in fact fail to...
GBPUSD Analysis – September 24, 2011
GBPUSD remains in downtrend from 1.6617, and the fall extended to as low as 1.5327. Further fall could be expected next week, and next target would be at 1.5000 area. Resistance is at 1.5600, as long as...
23rd September, 2011 – Daily Forex Report by GFM Research
Dollar Index is just nearing resistance zone of 78.75-79.30 ranges though double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities, the dollar index may go...
GBP/USD Technical Analysis September 22, 2011
GBP/USD fell hard once the Fed announced a weaker than expected outlook for the economy on Wednesday. The Bank of England is expected to move towards easing, and with the Fed not bothering to step into the...
Forex-Metal Daily Analysis – 21/09/2011
Investors are waiting for the results of the FOMC meeting.
GBP/USD Technical Analysis September 21, 2011
GBP/USD rose on Tuesday as traders bought the Pound in general. The move is decidedly countertrend to the recent fall, and because of this we are currently waiting to see if the gap from the weekend closes...
21st September, 2011 – Daily Forex Report by GFM Research
The major trend IN THE Dollar Index indicates it appreciating to 79.00 ranges before resuming downwards. Double dip depression in the US is still glooming resulting in most of the asset classes trading softer especially the equities.Key...
Forex-Metal Daily Analysis – 20/09/2011
Euro is loosing its positions against the greenback.
GBP/USD Technical Analysis September 20, 2011
The GBP/USD pair fell hard at the open on Monday, but managed a significant bounce back in the US session. This shows that there is continued support for the Pound, even as it keeps making new lows.