Daily Forex Analysis by Finexo.com 12/05/2010
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Tag: GBPUSD
GBP/USD 1.4867 – 11 May 2010
GBP/USD Open 1.4856 High 1.5055 Low 1.4762 Close 1.4844Pound/Dollar climbed on Monday, following the partial recovery of the Euro, in converse with the negative Interbank sentiment at around -56%. The Cable appreciated yesterday from 1.4762 to 1.5055,...
GBP/USD 1.4871 – 10 May 2010
GBP/USD Open 1.4768 High 1.4912 Low 1.4512 Close 1.4784Pound/Dollar continued depreciating on Friday, in line with the negative Interbank sentiment at nearly -61%. The Cable depreciated on Friday from 1.4912 to 1.4512, closing the week at 1.4784....
GBPUSD Analysis – May 8, 2010
GBPUSD breaks below 1.4784 previous low and reaches as low as 1.4475, suggesting that the downtrend from 1.7042 has resumed. Deeper decline is still possible next week and next target would be at 1.4200 area. Key resistance...
GBP/USD 1.4745 – 7 May 2010
GBP/USD Open 1.4871 High 1.5146 Low 1.4595 Close 1.4839Pound/Dollar continued depreciating on Thursday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5146 to 1.4721, closing the day at 1.4839. Today...
GBP/USD 1.5172 – 6 May 2010
GBP/USD Open 1.5095 High 1.5173 Low 1.5092 Close 1.5089Pound/Dollar continued depreciating on Wednesday, in line with the negative Interbank sentiment at around -2%. The Cable depreciated yesterday from 1.5173 to 1.5073, closing the day at 1.5089. Today...
GBP/USD 1.5172 – 5 May 2010
GBP/USD Open 1.5127 High 1.5264 Low 1.5092 Close 1.5141Pound/Dollar continued depreciating on Tuesday, in converse with the positive Interbank sentiment at around +2%. The Cable depreciated yesterday from 1.5264 to 1.5092, closing the day at 1.5141.
GBP/USD 1.5202 – 4 May 2010
GBP/USD Open 1.5248 High 1.5334 Low 1.5210 Close 1.5243Pound/Dollar made a rising effort on Monday, which was limited at 1.5334, from where the currency couple started declining, in line with the Interbank sentiment, at around -14%. The...
GBP/USD 1.5262 – 3 May 2010
GBP/USD Open 1.5303 High 1.5391 Low 1.5210 Close 1.5270Pound/Dollar made a rising effort on Friday, than dropped after running out of steam, in line with the Interbank sentiment, at nearly -15%.
GBPUSD Analysis – May 1, 2010
GBPUSD remains in consolidation of long term downtrend from 1.7042 (Aug 5, 2009 high). One more rise to the upper border of the falling price channel to reach next cycle top on daily chart is expected in...