GBP/USD 1.6462 – 4 November 2009

by iFOREX.bg | November 4, 2009 9:12 am
GBP/USD Open 1.6419 High 1.6497 Low 1.6270 Close 1.6433 On Tuesday Pound/Dollar made indecisive movements, dropping first as expected down to the 1.6270 bottom, from where it climbed up to the 1.6445 top, closing the day at...

GBP/USD 1.6326 – 3 November 2009

by iFOREX.bg | November 3, 2009 8:56 am
GBP/USD Open 1.6393 High 1.6479 Low 1.6293 Close 1.6401 On Monday Pound/Dollar was surfing on the top of the downstream wave, and is trying to hold it there. The Cable climbed to the 1.6479 top, from where...

GBPUSD Analysis – October 31, 2009

by ForexCycle.com | October 31, 2009 2:57 pm
GBPUSD might be forming a cycle top at 1.6692 level on daily chart, key support is now located at 1.6251, a breakdown below this level will confirm the cycle top, then another fall could be seen to...

GBP/USD 1.6553 – 30 October 2009

by ForexCycle.com | October 30, 2009 9:11 am
GBP/USD Open 1.6560 High 1.6596 Low 1.6338 Close 1.6556 On Thursday Pound/Dollar traded with volatility. The Cable made a strong upward correctional climb from the 1.6339 bottom up to the 1.6596 top, closing the day at 1.6556....

GBP/USD 1.6384 – 28 October 2009

by ForexCycle.com | October 28, 2009 9:28 am
GBP/USD Open 1.6402 High 1.6438 Low 1.6287 Close 1.6374 On Tuesday Pound/Dollar climbed to the 1.6438 top, forming convergence on the 3 hour chart. From that point the Cable started descending down to the 1.6315 bottom, closing...

GBP/USD 1.6357 – 27 October 2009

by ForexCycle.com | October 27, 2009 9:07 am
GBP/USD Open 1.6290 High 1.6394 Low 1.6254 Close 1.6315 As US stocks slid on Monday the Pound was seriously harmed like the other majors. The pair reached the 1.6254 bottom yesterday, closing the day at 1.6305. On...

GBPUSD Analysis – October 25, 2009

by ForexCycle.com | October 25, 2009 12:57 am
GBPUSD broke above the falling trend line from 1.7042 to 1.6741 and is under pressure by 1.6741 resistance. Now the pair might be forming a cycle top at 1.6692 level on daily chart. Pullback to retest 1.5708...

GBP/USD 1.6657 – 23 October 2009

by ForexCycle.com | October 23, 2009 8:16 am
GBP/USD Open 1.6611 High 1.6693 Low 1.6493 Close 1.6619 On Thursday Pound/Dollar made a significant downward correction down to the 1.6493 bottom, from where the Cable started recovering, closing the day at 1.6619. The British currency seemed...

GBP/USD 1.6585 – 22 October 2009

by ForexCycle.com | October 22, 2009 8:18 am
GBP/USD Open 1.6610 High 1.6636 Low 1.6349 Close 1.6606 On Wednesday Pound/Dollar climbed with nearly 300 pips, from the 1.6349 bottom to the 1.6636 top, where rising was limited at the upper limit of the bearish channel,...

GBP/USD 1.6475 – 21 October 2009

by ForexCycle.com | October 21, 2009 8:00 am
GBP/USD Open 1.6379 High 1.6517 Low 1.6251 Close 1.6378 Pound/Dollar continued its bullish movement on Tuesday, reaching a peak at 1.6480, closing the day at 1.6378. On the 3 hour chart quotes broke up the upper limit...