Pound Sterling Currency Herald

Posts Tagged ‘Price’

Chart of The Day: EUR/ GBP Price action on EUR/ GBP , a daily chart of which is shown, has tentatively broken down below a confluence of two different uptrend support lines – one extending from the June 2009 low, and the other extending from the July 2007 low. This tentative confluence breakdown occurs within the context of a month-long downtrend extending from the mid-March high, … ActionForex.com Forex Trading Portal with Forex News , Forecast and Analysis, Charts, …

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Chart of The Day: GBP /USD Price action on GBP /USD, a daily chart of which is shown, has made a bullish correction since the beginning of March after having dipped well below the key 1.5000 psychological level on March 1st. This bullish correction exists within the context of a steep accelerated downtrend in the pair. After having corrected up to approach the 1.5200 price region, …

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Trading the news is arguably the purest way of trading the forex markets because after all it is the fundamentals of the economy that drives currency prices in the long run. So how can you actually generate …

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Currency : GBP /USD News : Jan UK CPI is expected flat m/m, +3.5% y/y from previous +2.9%. In Dec UK DCLG house prices, expected +1.2% y/y from previous +0.6% Comment: Consolidating Open: 1.5658.

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Economic News USD – The US Dollar Rallies after Jobless Claims The US Dollar trimmed losses against the Yen and rose against the EUR the most in three. ..

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Economic News USD – Unemployment Rate Improves The greenback was significantly stronger across the board at the end of Friday’s trading with the lone. ..

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Economic News USD – Dollar Reaches 9-Month High against the Euro The Dollar rallied against the Euro yesterday, gaining over 200 pips. The EUR/USD pair

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The GBP /USD 8 Hour Chart shows that the pair has recently gone through a short-term bullish trend, followed by slight leveling off, and then the last candle on the chart shows that the pair has taken the bearish direction! Now we can relate this currency pair to the recent changes in the price of Gold and the EUR/USD currency pair. It seems that in regards to its value against Gold, the Euro and the British Pound Sterling, the U.S. Dollar has shown remarkable resilience …

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