On the daily graph the price ranges between 0-78.6, from this point forward a break out will lead its way automatically to the level of 127.2....
EUR/GBP – 03/03/2011
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USD/CAD testing 200 Hour Moving Average | Forex News and ...
USD/CAD testing 200 Hour Moving Average and above this, the Fibonacci 50% level from the long term Weekly chart is looming near 1.1070. Watch for. Forex News and Commentary by FXDD -...
GBPUSD stays in a rising price channel
GBPUSD stays in a rising price channel and remains in uptrend from 1.5296. The price action from 1.6017 is more likely consolidation of uptrend....
Bank of England Expands APP by 50B to 325B
The Bank of England (BoE) held the Bank Rate at 0.50%, and expanded its Asset Purchase Program (Quantitative Easing) target by 50...
European Morning Wrap Up
Swiss May unemployment 3.4%, better than median forecast of 3.5% Euro zone sentix index rises to -27.o in June vs -34.3 in May, better than median forecast of -31.0. 9-month high. Junior Environment Minister Jane Kennedy resigns from UK government German crude steel output rose 5% m/m in May,...
UK recession may have ended three months ago
Never fear, mates. The UK recession may have ended as long ago as March, says NIESR. It has not exactly been a robust recovery but there appears to have been slight upticks in growth in both March and April, the think tank says. The pound is performing robustly this afternoon amid the green shoots,...