GBP/USD

GBP/USD Technical Analysis 6 September 2010

GBP/USD 1.5487 – 6 September 2010
GBP/USD Open 1.5448 High 1.5480 Low 1.5390 Close 1.5447
On Friday Pound/Dollar continued rising, in line with the positive Interbank sentiment at nearly +7%. The Cable appreciated from 1.5390 to 1.5466 on Friday, closing the week at 1.5447. Today the British currency is trying to push further up. On the 1 …

iFOREX.bg – Daily Forecast 6 September 2010

EUR/USD Buy at 1.2875 SL 1.2843 TP 1.2952

USD/JPY Sell at 84.40 87 84.72 TP 83.68

GBP/USD Buy at 1.5435 SL 1.5403 TP 1.5523

USD/CHF Sell at 1.0174 SL 1.0206 TP 1.0090

GBPUSD remains in downtrend from 1.5997

GBPUSD remains in downtrend from 1.5997 and the fall extended to as low as 1.5326. Resistance is at 1.5597, as long as this level holds, downward move is expected to continue and next target would be at 1.5200 area. However, a break above 1.5597 will indicate that a cycle bottom has …

GBP/USD Technical Analysis 3 September 2010

GBP/USD 1.5414 – 3 September 2010
GBP/USD Open 1.5396 High 1.5453 Low 1.5349 Close 1.5398
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 …

iFOREX.bg – Daily Forecast 3 September 2010

EUR/USD Buy at 1.2809 SL 1.2777 TP 1.2886

USD/JPY Sell at 84.41 87 84.73 TP 83.69

GBP/USD Buy at 1.5395 SL 1.5363 TP 1.5483

USD/CHF Sell at 1.0155 SL 1.0187 TP 1.0071

GBPUSD stays below a falling trend line

GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.5997. As long as the trend line resistance (Now at 1.5525) holds, another fall to 1.5200 is still possible. On the upside, the pair may be forming a cycle bottom at 1.5326, key resistance is at …

GBP/USD Technical Analysis 2 September 2010

GBP/USD 1.5407 – 2 September 2010
GBP/USD Open 1.5449 High 1.5482 Low 1.5338 Close 1.5454
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 …

iFOREX.bg – Daily Forecast 2 September 2010

EUR/USD Buy at 1.2782 SL 1.2750 TP 1.2859

USD/JPY Sell at 84.26 87 84.58 TP 83.54

GBP/USD Sell at 1.5450 SL 1.5482 TP 1.5362

USD/CHF Sell at 1.0184 SL 1.0216 TP 1.0100