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Forex: GBP/USD accelerating lower, losing 1.5800 - FXStreet.com
FXstreet.com (Buenos Aires) – The disappointing performance of Facebook shares after less than 1 hour of trading, is driving the GBP/USD back below the 1.5800 mark, ass risk off takes back the center stage: US indexes are on deep red, trading at fresh ...
Posted Date: 2012-05-18T15:58:00Z

Forex: GBP/USD firm above 1.5800, USD weaker - FXStreet.com
FXstreet.com (Barcelona) - The sterling has rallied almost 80 pips since the close in the Asian markets on Friday, along with a weaker greenback. There was no docket in Europe nor in the US, so price action was almost entirely hinging on events or rumours.
Posted Date: 2012-05-18T14:39:15Z

GBP/USD at Another Support Cluster in the 1.5770-1.58 Area - International Business Times
Looking at the daily chart below, the 1.5770 level is 50% retracement of the 2012 rally from 1.5237 to 1.6305. There are also a bunch of support pivots around 1.5780 that was holding in March through mid-April. This use to be a key resistance ...
Posted Date: 2012-05-17T15:23:24Z

GBP/USD Breakdown Targets Further Downside - forexlive.com
5/17/2012 – Price action on GBP/USD (a daily chart of which is shown), as of 5/17/2012, continued its breakdown below a key uptrend support line (part of a large wedge pattern) extending back to the mid-January 1.5231 low. After this breakdown ...
Posted Date: 2012-05-17T23:58:47Z

GBP/USD Still Unstable Around 1.61 - International Business Times
On Thursday Pound/Dollar increased with 90 pips. The Cable appreciated from 1.6090 to 1.6183 yesterday, in line with the positive money flow sentiment at nearly +16%, closing the day at 1.6143. Today the British Pound is declining, losing almost ...
Posted Date: 2012-05-11T07:38:04Z

Strategy Showdown: 2 Trades on GBP/USD - Moneyshow.com
While one is conservative and another more aggressive, these two entry strategies for GBP/USD are equally valid, explains Richard Krivo of DailyFX.com, leaving traders to choose which is most suitable for them. In our ongoing quest to only take ...
Posted Date: 2012-05-09T10:03:36Z

Daily Forex Update: GBP/USD - eltee.de
Dima Chernovolov - GBP/USD has recently completed the high Quality Up Channel chart pattern identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart pattern at the 8 bar level as a result of the sharp Initial ...
Posted Date: 2012-05-17T07:59:35Z

GBP/USD Approaching Strong Support - Safe Haven
GBP/USD is showing early signs of basing on the approach to the old swing high at 1.6063 as the pullback from 1.6302 stalls. While we could see further choppy activity over the short-term the overall tone remains positive and we look for 1.6063 to more or ...
Posted Date: 2012-05-11T12:31:33Z

Binary Options Daily Analysis: European Equities Post Second Weekly Decline! - Inside Futures
Crude oil fell nearly 1.5% on Friday to $95.65. Another day of bearishness may lay ahead for the commodity. The GBP/USD pair tumbled on Friday, as we said would happen: "The GBP/USD could fall during the current trading day, meaning Put options are the ...
Posted Date: 2012-05-14T08:03:08Z

Weekly Technical Overview of the Major Currencies and Cross Rates - DailyFx
GBP/USD:The market remains under intense pressure since breaking back below 1.6000 and setbacks could now extend towards next key support in he 1.5600 area over the coming sessions. Still, daily studies are now stretched and we would prefer ...
Posted Date: 2012-05-18T20:58:39Z