Pound Sterling (GBP)

As we advised last week and as we see over our previous chart GBPUSD managed to hold this trading zone bewteen support 1.2440-80 and resistance 1.2600-20 as we advised before As we see over the chart, market still holding chance for…
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GBPUSD managed to break below the support of 1.2570 and met the target of 1.2480. As we see over the Intraday chart, the market is facing support around the 1.2440-80 zone which could provide a rebound correction towards the 1.2560 and…
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GBPUSD is still holding above the support zone of 1.2570-80, while the indicators are still showing an advance ongoing toward 1.2810 and above. The market managed yesterday to hit a few pips below this support level and printed a 1.2562…
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The Dow (US 30) drops more points The Dow (US 30) fell lower as the index fell further into a bear trap. The index is on its way to 43000 after a nine-day losing streak. Stiff resistance could be expected around 42700 due to…
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GBPUSD is still holding above the support zone of 1.2570-80, while the indicators are still showing an advance ongoing toward 1.2810 and above. Intraday levels show the first support around 1.2665, where as long as the market holds above…
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FTSE UK100 attempts to bounce The FTSE UK100 seems stuck in consolidation after failing to break through the 8375 resistance. The narrowing consolidation has offered a playground for range trading. The recent bottom, around 8250, is…
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GBPUSD managed to fall below the support of 1.2715 and managed to drop further toward 1.2618, closing to the support zone of 1.2570-80. As we see on the chart, and if prices remain above 1.2570-80, a rebound correction toward 1.2720 and…
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GBPUSD hit above the 1.2770 resistance level as the market shows mixed signals. As we see over the Intraday chart, the market could have a chance for more advance, if prices hold above the support of 1.2715, where an advance toward…
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Both the markets and economists are universal in their agreement that the European Central Bank (ECB) will cut rates. But there seems to be an open debate among ECB officials themselves over how much it should be. In either case, the market…
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GER 40 keeps its edge Germany’s stock index faded slightly from its record high as the Dax looks to hit another peak. The Germany’s stock index made a decisive break above 20000 putting buyers back in the game with a solid footing. The…
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