Majors Currencies’ Midday Report
EURUSD The pair is trading within a relatively narrow range as head a number of attempts to touch the awaited level at 1.2255. The morning scenario remains intact unless four-hour closing is set above 1.2295.
Tag: GBPUSD
GBP/USD 1.4367 – 19 May 2010
GBP/USD Open 1.4295 High 1.4509 Low 1.4237 Close 1.4332After some hesitant movements, Pound/Dollar continued decreasing on Tuesday, in line with the negative Interbank sentiment at nearly -68%. The Cable depreciated yesterday from 1.4509 to 1.4275, closing the...
Major Currencies’ Morning Report
EURUSD The pair was able to breach the pivotal support mentioned yesterday at 1.2310 that has currently turned into resistance descending towards 1.2295, shown above. More bearish movement is expected for today due to stability achieved below breached...
GBP/USD 1.4460 – 18 May 2010
GBP/USD Open 1.4476 High 1.4549 Low 1.4279 Close 1.4471Pound/Dollar traded mainly with a decrease on Monday, in line with the negative Interbank sentiment at nearly -59%. The Cable depreciated yesterday from 1.4549 to 1.4279, than recovered partially,...
GBP/USD 1.4416 – 17 May 2010
GBP/USD Open 1.4537 High 1.4641 Low 1.4815 Close 1.4530Pound/Dollar traded with a small decrease on Friday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated on Friday from 1.4641 to 1.4505, closing the...
GBPUSD Analysis – May 16, 2010
GBPUSD remains in downtrend from 1.5522, deeper decline is still in favor and next target would be at 1.4200 area. Resistance is now at 1.5053, only rise above this level could take price back towards the upper...
GBP/USD 1.4574 – 14 May 2010
GBP/USD Open 1.4614 High 1.4911 Low 1.4815 Close 1.4611Pound/Dollar traded with a decrease on Thursday, in line with the negative Interbank sentiment at around -56%. The Cable depreciated yesterday from 1.4911 to 1.4571, closing the day at...
Daily Forex Analysis by Finexo.com 13/05/2010
Upcoming Sessions (all times GMT) • GBP Trade Balance (0830)• USD Unemployment Claims(1230)• USD Fed Chairman Bernanke Speaks(1230)• NZD Retail Sales m/m(12:45)
GBP/USD 1.4856 – 13 May 2010
GBP/USD Open 1.4829 High 1.5044 Low 1.4815 Close 1.4820Pound/Dollar is trading hesitantly this week, including on Wednesday, in converse with the negative Interbank sentiment at around -56%. The Cable depreciated yesterday from 1.5044 to 1.4815, closing the...
GBP/USD 1.4960 – 12 May 2010
GBP/USD Open 1.4924 High 1.4998 Low 1.4722 Close 1.4950Pound/Dollar traded hesitantly and with a slight increase on Tuesday, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4722 to 1.4998, than...