GBP/USD 1.6682 – 19 November 2009

by iFOREX.bg | November 19, 2009 9:09 am
GBP/USD Open 1.6738 High 1.6839 Low 1.6644 Close 1.6741On Wednesday Pound/Dollar was trading hesitantly, reaching a top first at 1.6839, than dropping down to 1.6716, closing the day at 1.6741, which indicates consolidation. On the 3 hour...

GBP/USD 1.6789 – 18 November 2009

by iFOREX.bg | November 18, 2009 8:57 am
GBP/USD Open 1.6813 High 1.6868 Low 1.6757 Close 1.6810 On Tuesday Pound/Dollar traded hesitantly, reaching a top at 1.6868, than dropping down to the 1.6757, closing the day at 1.6810. Our expectations remain bullish in the short...

GBP/USD 1.6821 – 17 November 2009

by iFOREX.bg | November 17, 2009 9:12 am
GBP/USD Open 1.6834 High 1.6868 Low 1.6672 Close 1.6817 Pound/Dollar continued its bullish movement on Monday, climbing up to the 1.6868 top, closing the day at 1.6817. We expect the bulls to remain dominating with targets towards...

EUR Struggles to Break 1.50 Handle by GoLearnForex

by GoLearnForex.net | November 16, 2009 10:00 am
EUR/USD: The EUR continues to struggle to break the 1.50 handle.  Last week, the EUR on a daily chart, completed the formation of a double top just above resistance at 1.50 [shown in the red boxes in...

GBPUSD Analysis – November 14, 2009

by ForexCycle.com | November 14, 2009 11:50 am
GBPUSD broke above 1.6741 resistance, suggesting that the fall from 1.7042 has completed at 1.5708 level already. Further rise towards 1.7042 would more likely be seen next week. Support level is at 1.6251, below this level will...

GBP/USD 1.6647 – 13 November 2009

by iFOREX.bg | November 13, 2009 9:05 am
GBP/USD Open 1.6587 High 1.6687 Low 1.6516 Close 1.6575 Pound/Dollar made a significant downward movement on Thursday, from 1.6620 top to the 1.6515 bottom, closing the day at 1.6575. However, the upward channel remains unbroken. Although deep...

GBP/USD 1.6521 – 12 November 2009

by iFOREX.bg | November 12, 2009 9:16 am
GBP/USD Open 1.6578 High 1.6782 Low 1.6603 Close 1.6567 Pound/Dollar also traded indecisively on Wednesday with an upward incline. The Cable reached the 1.6782 top, till the bad inflation data from BOE at 10:30 which sank the...

GBP/USD 1.6737 – 11 November 2009

by iFOREX.bg | November 11, 2009 9:10 am
GBP/USD Open 1.6743 High 1.6789 Low 1.6603 Close 1.6741 Pound/Dollar continued their bullish trend on Tuesday, as expected, starting from the morning’s deep bottom 1.6603 up to the 1.6755 top, closing the day at 1.6741. On the...

GBP/USD 1.6667 – 10 November 2009

by iFOREX.bg | November 10, 2009 9:05 am
GBP/USD Open 1.6775 High 1.6843 Low 1.6475 Close 1.6757 On Monday Pound/Dollar also climbed from 1.6617 to the 1.6843 top, closing the day at 1.6757. Today, however, the Cable deeply corrected, swallowing all yesterday’s rise. If Sterling...

GBPUSD Analysis – November 7, 2009

by ForexCycle.com | November 7, 2009 5:00 am
GBPUSD traded in narrow range between 1.6251 and 1.6692. Below 1.6251 will indicate that a cycle top has been formed at 1.6692 level on daily chart, then another fall towards 1.5708 is expected to follow. However, a...