Archive for the 'gbpusd' Category

Euro and Gbp next target zones

Tuesday, November 25th, 2008

Quickly running up, next target zone for this pairs and giving probable interesting rebounds are for Euro/Usd 1.3115, and for Gbp/Usd 1.5480. Corrective movements form actual prices to the downside, should be small and short lived.
Original post by Valeria Bednarik

Gbp/Usd follow up

Tuesday, November 25th, 2008

The 1.5065 has turn into a quite interesting support today, and as long as the pair remains above it, the chances growth to the upside: resistances today will be at 1.5150/60 followed by the 1.5190 zone and the key point at 1.5265, above which, the pair could start a fast upside move. the 1.5065 supports […]

Euro and Gbp update

Monday, November 24th, 2008

Nice response from Eur/Usd, the pair is running high and despite being overbought in short term charts, the upside continue exposed: above actual maximum expect the pair to come close to the 1.2830/40 zone, where the pair should offer a more interesting short term rebound, if not happens from here. Gbp on the other hand […]

Gbp/Usd breaking lower

Thursday, November 20th, 2008

The pair is ready to fall sharply: quoting @ 1.4830, under today’s minimum at 1.4809 the pair has a clear way to the key support level around 1.4770: if passes under this last, we will see a good bearish momentum triggered, with next supports at 1.4712, and intermediate support at 1.4684, and then and more likely, 1.4655. […]

Euro ans Gbp update

Wednesday, November 19th, 2008

Euro is passing the resistance @ 1.2740 and Gbp @ 1.5180, and as long as that zones hold, both can continue to the upside, with Gbp final target at 1.5380 with and intermediate resistance at 1.5254. Euro has next resistances at 1.2790/1.2800, and then 1.2830. Expect some corrections in the immediate short term if the […]

Gbp/Usd key points

Wednesday, November 19th, 2008

During Asian trading the pair passed to the downside the 1.4970 zone and reached almost 1.4900 before rebounding to the upside strongly, suggesting we could probably see more bullish corrections. However, take a look at the following chart: we have 3 recent maximums @ 1.5090, and the pair is having some hard time to break […]

Gbp/Usd trapped in range

Tuesday, November 18th, 2008

The pair is quite contained today, moving in a small range, between 1.4980 and 1.5040; the previous resistance grey zone has turned into a support, but as  long as the pair remains under 1.5040, the upside seems pretty hard: Above that value, we have 1.5085 and from there, no much important resistance to the upside […]

Gbp/Usd finding a floor?

Monday, November 17th, 2008

The Gbp/Usd is trapped in range, yet tending bullish in 4 hours charts: not yet confirming, above the 1.4965 congestion zone and first resistance for today, the pair will probably try to test the 1.5000 zone, and once broken, the pair will find it’s way pretty clear to the upside, with next resistances at 1.5070, 1.5180 and […]

Gbp/Usd actualization

Wednesday, November 12th, 2008

The pair is moving to fast to let me add more detail information. However, the 1.5278(previous month minimum) was broken and as expected the pair fall quickly: despite some correcctions we could see, the pair has next interesting support level and final target for today, at 1.5130.
Original post by Valeria Bednarik

Eurpean majors at the end of the day

Tuesday, November 11th, 2008

The Eur/Usd break the daily/4hours triangle, and continue a free fall that  surpassed not only 1.2580, but next support (now almost becoming a resistance) the zone @ 1.2530. For Gbp/Usd, the proposed 1.5350/60 has hold, while the Usd/Chf is right now in the congestion zone around 1.1870  also.  The day has come to an end, and in […]