GBP/USD Technical Analysis August 25, 2011
The GBP/USD pair fell on Wednesday as traders sold off the Pound against the Greenback. The dollar had been believed for some time to be about to be weakened by the Fed on Friday as it introduced...
Tag: GBPUSD
Forex-Metal Daily Analysis – 24/08/2011
Willingness to take risks increased today.
24th August, 2011 – Daily Forex Report by GFM Research
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
GBP/USD Analysis (August 24)
We still consider the Cable slighly bullish despite the current consolidation. The market might be testing April high at 1,6750 soon if the 1,66 resistance is cleared.
Forex-Metal Daily Analysis – 23/08/2011
The yen and franc retreated on fears of intervention of Japan and Switzerland
23rd August, 2011 – Daily Forex Report by GFM Research
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
GBP/USD Analysis (August 23)
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.
22nd August, 2011 – Daily Forex Report by GFM Research
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
GBP/USD Technical Analysis August 22, 2011
The GBP/USD pair rose above the 1.65 area again on Friday, and fired off a lot of stops in that area. However, it should be noted that the area also produced a shooting star, and this could...
GBP/USD Analysis (August 20)
The pair has been rallying significantly the most part of the week, testing the 1,66 after a break above previous high at 1,6480.