GBP/USD Anlaysis
Greetings. Let’s pull up the GBP/USD. We saw the GBP/USD make a strong comeback in the past couple of weeks and it seems like there still be more potential room for upward movement.
Tag: GBPUSD
Forex-Metal Daily Analysis – 16/08/2011
Euro speculations amid upcoming meeting of Sarkozy and Merkel.
Forex Metal Weekly Newsletter
Market review for 8 – 12, 2011
16th August, 2011 – Daily Forex Report by GFM Research
The US Dollar Index depreciates on the event of most of the asset classes either stabilizing or posting gains, especially the equity bourses across the world; the Dow has gained for successive third session after major fall...
GBP/USD Analysis (August 16)
The pair continues to evolve in a long term trading range between 1,59 and 1,67 but it has confirmed a short term bullish bias after a break above 1,63 yesterday.
GBP/USD Analysis (August 15)
The pair is trading flat over the long term represented by its weekly chart. It evolves in a trading range between 1,59 and 1,67.
GBP/USD Technical Analysis August 15, 2011
The GBP/USD rose after first falling on Friday, but fell short of closing above the 1.63 level that previously indentified the bottom of the consolidative action in the market.
GBPUSD Analysis – August 13, 2011
GBPUSD’s rise from 1.5781 extended to as high as 1.6476, the subsequent fall is treated as consolidation of uptrend. Another rise could be seen after consolidation, and next target would be at 1.6600-1.6700 area.
GBP/USD Technical Analysis for August 12, 2011
GBP/USD bounced on Thursday as traders bought into the markets, pushing risk higher again. However, this pair is finding a little bit of trouble at the 1.6300 area. This is roughly the area that once served as...
GBP/USD Analysis (August 12)
The 1,6240 support broken on Wednesday has now become resistance and is currently being tested following yesterday’s pullback.