Posts Tagged ‘gbp usd’
Technical Analysis Daily: GBP/USD
September 2nd, 2010
On Wednesday Pound/Dollar recovered partly from losses earlier in the week, in line with the positive Interbank sentiment at nearly +17%. The Cable appreciated from 1.5338 to 1.5482 yesterday, closing the day at 1.5454. Today the British currency started weakening again. On the 1 hour chart the downward channel is
Ook interessant:
Chart of the Day – GBP/USD
August 31st, 2010
Price action on GBP/USD (a 4-hour chart of which is shown) as of Tuesday (8/31/2010) has dropped to approach support in the 1.5350 price region. This occurs within the context of a relatively choppy descent from the 6-month high just under 1.6000 reached in early August. This descent has formed
Ook interessant:
Daily Forex Update: GBP/USD
August 27th, 2010
The uptrend on the 60-minute chart of the GBP/USD has lost bullish momentum over the past 35 candles; subsequently, what was initially a correction to Channel Up support has now transitioned to a pattern reversal. The question now is: what is the likelihood for follow-through considering the weaker U.S. Dollar
Ook interessant:
Technical Analysis Daily: GBP/USD
August 27th, 2010
On Thursday Pound/Dollar continued increasing, in line with the positive Interbank sentiment at nearly +18%. The Cable appreciated from 1.5468 to 1.5587 yesterday, closing the day at 1.5536. Today the British currency is moving hesitantly for now. On the 1 hour chart quotes are testing the upper limit of the
Ook interessant:
GBP/USD Remains an Intermediate Term Bull
August 26th, 2010
The GBP/USD broke out of the triangle pattern yesterday. Instead of continuing the downtrend, as anticipated in the previous update, the market broke through on the upside. The rally broke above 61.8% and even 78.6% retracement level. This was the threshold for abandoning the bearish outlook, and the market broke
Ook interessant:
Technical Analysis Daily: GBP/USD
August 26th, 2010
On Wednesday Pound/Dollar continued increasing, in line with the positive Interbank sentiment at around +17%. The Cable appreciated from 1.5389 to 1.5476 yesterday, closing the day at 1.5458. Today the British currency extended its gains up to 1.5580, recovering the losses from the beginning of the week. On the 1
Ook interessant:
Chart of the Day – GBP/USD
August 25th, 2010
Price action on GBP/USD (a daily chart of which is shown) as of Wednesday (8/25/2010) has hesitated after approaching key 1.5350 region support on the heels of almost three weeks of bearish price action that broke down below a key uptrend support line and just established a new one-month low
Ook interessant:
Technical Analysis Daily: GBP/USD
August 20th, 2010
On Thursday Pound/Dollar increased, after initial descend, in line with the positive Interbank sentiment at nearly +18%, and continuing trading within range this whole week. The Cable appreciated from 1.5507 to 1.5667 yesterday, closing the day at 1.5598. Today trading is calm for now. On the 1 hour chart range
Ook interessant:
Technical Analysis Daily: GBP/USD
August 19th, 2010
On Wednesday Pound/Dollar increased, recovering almost all previous day's losses, in line with the positive Interbank sentiment at nearly +18%. The Cable appreciated from 1.5503 to 1.5683 yesterday, closing the day at 1.5592. Today the bears again are trying to push down. On the 1 hour chart the downward channel
Ook interessant:
Technical Analysis Daily: GBP/USD
August 17th, 2010
On Monday Pound/Dollar started to recover after the strong descent last week, in line with the positive Interbank sentiment at around +18%. The Cable appreciated from 1.5536 to 1.5700 yesterday, closing the day at 1.5663. Today the pair is making further climbing attempts. On the 1 hour chart the downward