GBPUSD Analysis – April 17, 2010

by ForexCycle.com | April 17, 2010 4:57 am
GBPUSD is in consolidation of long term downtrend from 1.7042 (Aug 5, 2009 high). Rise towards the upper boundary of the falling price channel on daily chart is still possible next week. As long as the channel...

GBP/USD 1.5413 – 16 April 2010

by iFOREX.bg | April 16, 2010 7:53 am
GBP/USD Open 1.5462 High 1.5523 Low 1.5390 Close 1.5494Pound/Dollar also depreciated on Thursday, in line with the Interbank sentiment, at nearly -10%. The Cable decreased yesterday from 1.5523 to 1.5390, closing the day at 1.5494. Today Sterling...

GBP/USD 1.5491 – 15 April 2010

by iFOREX.bg | April 15, 2010 8:11 am
GBP/USD Open 1.5468 High 1.5523 Low 1.5373 Close 1.5464Pound/Dollar continued climbing on Wednesday, in converse with the Interbank sentiment, at around -32%. The Cable climbed yesterday from 1.5373 to 1.5489, closing the day at 1.5464. Today Sterling...

GBP/USD 1.5379 – 14 April 2010

by iFOREX.bg | April 14, 2010 7:57 am
GBP/USD Open 1.5385 High 1.5445 Low 1.5338 Close 1.5378Pound/Dollar rose on better than expected trade balance on Tuesday, in converse with the Interbank sentiment, at nearly -30%. The Cable climbed yesterday from 1.5338 to 1.5445, closing the...

GBP/USD 1.5351 – 13 April 2010

by iFOREX.bg | April 13, 2010 7:57 am
GBP/USD Open 1.5372 High 1.5486 Low 1.5338 Close 1.5369Pound/Dollar also consolidated on Monday, in line with the Interbank sentiment, at around -27%. The Cable dropped yesterday from 1.5486 to 1.5357, closing the day at 1.5369. Today, however,...

GBP/USD 1.5402 – 12 April 2010

by iFOREX.bg | April 12, 2010 8:24 am
GBP/USD Open 1.5421 High 1.5486 Low 1.5268 Close 1.5366Pound/Dollar followed the Euro up on Friday, in converse with the negative Interbank sentiment at around -8%. The Cable rose on Friday from 1.5268 to 1.5383, closing the week...

GBPUSD Analysis – April 10, 2010

by ForexCycle.com | April 10, 2010 3:47 am
GBPUSD broke above 1.5382 key resistance, suggesting that the downtrend from 1.6875 has completed at 1.4784 already. Further rally would more likely be seen in next several weeks, and target would be at the upper border of...

GBP/USD 1.5300 – 9 April 2010

by iFOREX.bg | April 9, 2010 8:01 am
GBP/USD Open 1.5358 High 1.5346 Low 1.5140 Close 1.5359Pound/Dollar continues wavering this week, including on Thursday, not in line with the negative Interbank sentiment at around -18%. The Cable dropped yesterday from 1.5276 to 1.5140, closing the...

GBP/USD 1.5166 – 8 April 2010

by iFOREX.bg | April 8, 2010 9:50 am
Technical Analysis – 8 April 2010 GBP/USD Open 1.5239 High 1.5280 Low 1.5142 Close 1.5240Pound/Dollar is trading wavering this week, including Wednesday, not in line with the negative Interbank sentiment at nearly -19%.

GBP/USD 1.5166 – 8 April 2010

by iFOREX.bg | April 8, 2010 8:29 am
GBP/USD Open 1.5239 High 1.5280 Low 1.5142 Close 1.5240Pound/Dollar is trading wavering this week, including Wednesday, not in line with the negative Interbank sentiment at nearly -19%. The Cable dropped yesterday from 1.5280 to 1.5142, closing the...