Cable Waits For BOE
Cable anticipating BOE by going precisely nowhere! All we can say is 1.5550 region represents strong support & is also where have the 200 ma.
British Pound
GBPUSD Forecast August 5, 2015, Technical Analysis
The GBPUSD pair went back and forth during the course of the day on Tuesday, essentially settling nothing.
Forex Round Up As Greek Tragedy Continues
As the Greek tragedy continues to drag on, it’s perhaps an apposite time to take a tour round the four major futures of the 6A, the 6B, the 6C and the 6E for the September contract,
GBPUSD Forecast June 23, 2015, Technical Analysis
The GBPUSD pair broke out a few sessions ago as we cleared the 1.58 handle. On Monday, we pulled back to find support at that previous resistance barrier, something that you would expect if you use technical analysis for your trades.
GBPUSD Daily Analysis – October 24, 2014
GBPUSD moved sideways in a range between 1.5874 and 1.6226. As long as 1.6226 resistance holds, the sideways movement could be treated as consolidation of the downtrend from 1.6524, and another fall to 1.5600 area could be expected after consolidation.
GBPUSD Daily Analysis – October 23, 2014
GBPUSD failed to break above 1.6226 resistance, and stayed in the trading range between 1.5874 and 1.6226.
Currency Futures Round Up After a Quiet Start
With many of the major trading centres closed yesterday for public holidays, and with little in the way of meaningful fundamental news to drive price action, trading volumes in currency futures remained thin, with the Aussie dollar, the British Pound, the Canadian dollar and the Euro, all consolidating further following the volatile price action of last week.
GBPUSD Daily Analysis – September 15, 2014
GBPUSD stays below the downward trend line on 4-hour chart, and remains in downtrend from 1.7190 (Jul 15 high), the rise from 1.6051 is likely consolidation of the downtrend.
GBPUSD Forecast July 10, 2014, Technical Analysis
The GBPUSD pair initially fell during the session on Wednesday, but as you can see we bounced yet again in order to form a hammer. This market simply looks like it does not want to fall, and as a result we feel that the buyers are certainly still in control even though the market has struggled to take off at this point.
U.S. Dollar Trading Higher Against Yen
The U.S. Dollar is trading higher against the Japanese Yen during the mid-morning U.S. session going into the weekend.
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