Posts Tagged ‘converse’
Technical Analysis Daily: GBP/USD
September 3rd, 2010
On Thursday Pound/Dollar weakened again, and continued trading within narrow range, in converse with the positive Interbank sentiment at around +8%. The Cable depreciated from 1.5453 to 1.5349 yesterday, closing the day at 1.5398. Today the British currency is trading neutrally and without clear direction so far. On the 1
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Technical Analysis Daily: GBP/USD
August 31st, 2010
On Monday Pound/Dollar started decreasing after unconvincing bullish push up, in converse with the positive Interbank sentiment at nearly +17%. The Cable depreciated from 1.5572 to 1.5455 yesterday, closing the day at 1.5461. Today the British currency weakened further down to 1.5395. On the 1 hour chart the downward channel
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Technical Analysis Daily: GBP/USD
August 30th, 2010
On Friday Pound/Dollar moved down and up, in converse with the positive Interbank sentiment at nearly +20%. The Cable depreciated from 1.5534 to 1.5455 on Friday, closing the week at 1.5524. Today the British currency is moving hesitantly so far. On the 1 hour chart the downward channel has slowed
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Technical Analysis Daily: GBP/USD
August 25th, 2010
On Tuesday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at around +17%. The Cable depreciated from 1.5504 to 1.5372 yesterday, closing the day at 1.5392. Today the British currency is trading neutrally so far. On the 1 hour chart the downward channel was renewed, while on the
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Technical Analysis Daily: GBP/USD
August 24th, 2010
On Monday Pound/Dollar decreased, continuing the downward momentum after a strong upward correction, in converse with the positive Interbank sentiment at nearly +19%. The Cable depreciated from 1.5614 to 1.5485 yesterday, closing the day at 1.5510. Today the British currency weakened further down to 1.5372. On the 1 hour chart
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Technical Analysis Daily: GBP/USD
August 18th, 2010
On Tuesday Pound/Dollar resumed descending, in converse with the positive Interbank sentiment at nearly +15%. The Cable depreciated from 1.5692 to 1.5557 yesterday, closing the day at 1.5585. Today the bears are pushing further down, extending the dropping to 1.5498 for now. On the 1 hour chart the downward channel
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Technical Analysis Daily: GBP/USD
August 16th, 2010
On Friday Pound/Dollar continued decreasing after strong adjustment, in converse with the positive Interbank sentiment at around +17%. The Cable depreciated from 1.5674 to 1.5576 on Friday, closing the week at 1.5585. Today the pair extended its descending down to 1.5536. On the 1 hour chart new downward channel is
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Technical Analysis Daily: GBP/USD
August 13th, 2010
On Thursday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at around +20%. The Cable depreciated from 1.5713 to 1.5563 yesterday, closing the day at 1.5577. Today the pair is adjusting upwards, but descending trend may resume any time. On the 1 hour chart new downward channel is
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Technical Analysis Daily: GBP/USD
August 12th, 2010
On Wednesday Pound/Dollar continued decreasing, in converse with the positive Interbank sentiment at around +15%. The Cable depreciated from 1.5860 to 1.5615 yesterday, closing the day at 1.5656. Today the pair is adjusting upwards, but resuming of the descending trend should not come unexpected. On the 1 hour chart the
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Technical Analysis Daily: GBP/USD
August 11th, 2010
On Tuesday Pound/Dollar also decreased, also reacting with a rise on the FOMC meeting announcement, in converse with the positive Interbank sentiment at around +16%. The Cable depreciated from 1.5905 to 1.5712 yesterday, closing the day at 1.5848. Today the bears are trying to push further down, but without success