USD/GBP: comment.
2010-03-11 12:57 |
USD/GBP: comment.
Pound began rising from session’s minimum of 1.4945 at European opening to reach session’s maximum at 1.5065. Then British currency started declining as it was affected by weaker than expected US initial jobless claims. The pair is going to hit 1.5000 at Wall Street opening.
If the rate declines, support levels will lie at 1.4945 (session’s minimum), 1.4870 (March 10 minimum) and 1.4850 (March 2 minimum).
If it increases, resistance levels will be 1.5075/85 (intra-day level), 1.5130/40 (March 3/4 maximum) and 1.5160/70 (March 5 maximum/intra-day resistance).
Chart. H1 USD/GBP
Market news and analytics — FBS
www.fbs.comLast News
2010-09-06 09:28 - UBS: euro rose to 3-week maximum versus dollar
2010-09-06 08:47 - Citigroup: yuan will rise to 6.7 per dollar by the year end
2010-09-06 08:16 - Mizuho: USD/JPY will decline
2010-09-06 07:47 - Commerzbank: risk sentiment will define franc's rate
2010-09-06 07:03 - RBA will keep rated unchanged tomorrow
2010-09-06 05:54 - Capital Management: AUD/USD may rise to 0.94
2010-09-06 08:47 - Citigroup: yuan will rise to 6.7 per dollar by the year end
2010-09-06 08:16 - Mizuho: USD/JPY will decline
2010-09-06 07:47 - Commerzbank: risk sentiment will define franc's rate
2010-09-06 07:03 - RBA will keep rated unchanged tomorrow
2010-09-06 05:54 - Capital Management: AUD/USD may rise to 0.94
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