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GBP/USD Market Analysis Nov 07, 2011
GBP/USD upward move seems to lose some momentum after pair failed to sustain gain above 1.6004 level and price is heading towards a retest of the upper trend line. Intraday bias remains to neutral after price is trading above the 1.5485 level. If pri... Read more ››
GBP/USD Market Analysis Oct 12, 2011
GBP/USD upward move seems to lose some momentum after pair failed to sustain gain above 1.5632 level and price drop below it towards retest of the upper leg of the falling channel, this move signals that GBP/USD should accumulate more power for upwar... Read more ››
GBP/USD Market Analysis, Oct 11, 2011
GBP/USD's upward march seems to lose momentum after failed trade above upper leg of the falling channel and now price is heading towards retest of the leg after drop below 1.5632 support level. Intraday bias remains to neutral after price is trading ... Read more ››
GBP/USD Market Analysis, Oct 10, 2011
GBP/USD reverse in price seems to be strong one after sustain gain above 1.5485 support level and now pair is heading towards a test of the upper leg of the falling channel and retest of 1.5632 resistance level. Intraday bias remains to neutral after... Read more ››
GBP/USD Market Analysis, Oct 7, 2011
GBP/USD broke below its support level at 1.5340 but price managed to reverse strongly and now pair is heading towards test of 1.5632 level after managed broke above 1.5485 level. Intraday bias remains to neutral after price managed to pinned above th... Read more ››
GBP/USD Market Analysis, Oct 6, 2011
GBP/USD's reverse in price seems to accumulate less power for big upward move, after failed to sustain gain below 1.5485 key resistance level and fell below it towards retest of the low. Intraday bias remains to neutral after price managed a sustain ... Read more ››
GBP/USD Market Analysis, Oct 5, 2011
GBP/USD's decline extended further more and nearly pinned below the rebound from 1.5340, and reversed slightly towards 1.5485 level but failed to sustain gain above it. This level is important for rebound - this is the last support before test of the... Read more ››
GBP/USD Market Analysis, Oct 4, 2011
GBP/USD would accelerate its down move and would decline in price continue further after pair broke below 1.5485 level which is very important for rebound - this is the last support before test of the rebound. Intraday bias remains to neutral after p... Read more ››
GBP/USD Market Analysis, Oct 3, 2011
GBP/USD's decline in price extend further after pair failed to sustain gain above 1.5632 resistance level and dropped below it towards a test of the key support level for rebound at 1.5485, this action show us that overall momentum in bulls seems to ... Read more ››
GBP/USD Market Analysis, Sept 30, 2011
GBP/USD upward move seems to lost big part of its momentum after price failed to sustain gain above 1.5632 level for the second time and dropped below towards test of yesterday's swing low, this action shows that bulls should accumulate more power to... Read more ››