GBP/USD Technical Analysis September 8, 2011
The GBP/USD pair rose during the Wednesday session, but failed to close above the 1.6000 level. The resulting candle is a “shooting star-like” candle that appears at the bottom of the recent range.
Tag: GBPUSD
Forex-Metal Daily Analysis – 07/09/2011
Franc dropped after the announcement of the National bank of Switzerland.
GBP/USD Technical Analysis September 7, 2011
GBP/USD fell hard on Tuesday as traders around the globe are buying the USD for its safe haven status. The global markets are certainly nervous at this point, and when this happens, this pair falls.
Forex-Metal Daily Analysis – 06/09/2011
US dollar strengthens.
Forex Metal Weekly Newsletter
Market review for 29.08 – 2.09, 2011 After the diverse trading dynamics, by the end of the previous week the greenback reinstated its safe-haven status.
GBP/USD Analysis (September 6)
The pair has broken down below 1,61 (August low) which confirms the downside pressure.
GBP/USD Technical Analysis September 5, 2011
The GBP/USD had a fairly quiet day on Friday as traders took a rest in this market after the Non-Farm Payroll number release. The 1.61 area looks like it is the start of a larger support are...
GBPUSD Analysis – September 3, 2011
GBPUSD formed a cycle top at 1.6617 on daily chart. The fall from 1.6617 is now treated as resumption of downtrend. Deeper decline could be seen in a couple of weeks, and next target would be at...
GBP/USD Analysis (September 2)
With a break below its daily rising trendline yesterday, the Cable has confirmed a bearish bias thus we expect a continuation towards next key support at 1,60 (weekly bollinger band).
GBP/USD Technical Analysis September 2, 2011
The GBP/USD pair fell on Thursday, and even managed to break below the 1.62 mark as traders sold off many risk-related assets around the world. The Pound has been a favorite of sellers lately, but now is...