Home » Posts tagged "dollar to pounds" (Page 4)

Pounds to Dollars Forex Forecast 5 Aug 2010

The price action in the pounds to dollars pair mirrored that of the euro to dollar, in other words desultory and confined to a very narrow trading range.  This comes on the back of both Tuesday’s and Wednesday’s price action which created a small tweezer...

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Pounds to Dollars Forex Forecast 3 Aug 2010

The pounds to dollars pair pushed strongly higher yesterday surging through the USD1.58 level and ending with a wide spread up candle having briefly touched USD1.5907 during the forex trading session.  This bullish momentum has continued through this morning’s London trading session as the pair...

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Pounds to Dollars Forex Trading Chart 26 July 2010

Friday’s wide spread up bar for the pounds to dollars pair injected further bullish momentum which has continued in today’s London forex trading session, as the pair creep above the psychological US1.55 price handle which marks the top of recent price congestion and as such...

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Pounds to Dollars Forex Forecast 22 July 2010

The pounds to dollars currency pair appear to be following a similar pattern to the eurodollar and indeed the once strong, positive correlation between the two pairs now appears to have reconnected.  In the case of cable the resistance level is now established at USD1.5472...

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Pounds to Dollars Forex 16 Juy 2010

The gbp usd continued its recent short term bullish trend, helped along by the FED’s minutes, ending yesterday’s trading session as a wide spread up candle which touched USD1.5472 as the high of the day and closed marginally below this level at the end of...

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Pounds to Dollars 29 June 2010

The pounds to dollars pair continued to ease higher in yesterday’s trading session confirming once again the short term bullish sentiment for sterling as we move above the significant USD1.50 price region, closing well above all three short term moving averages as a result.  Of...

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Pound Dollar 21 June 2010

As the markets wait for tomorrow’s critical budge from the new UK government, the short term outlook for the pound dollar will very much depend on the market’s view and whether it considers the Chancellor’s budget proposals are sufficiently severe to impact the current deficit...

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Pound Dollar Forecast 14 June 2010

The pound dollar continues to consolidate in a relatively wide range bound on the upside by USD1.48 and USD1.4250 to the downside.  Friday’s price action ended with a down bar but which found good support from both the 9 and 14 day moving averages suggesting...

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Pounds to Dollars 7th June 2010

UK’s sterling suffered at the hands of the US dollar on Friday and closed the trading session on a wide spread down bar breaking below USD1.45 and confirming the doji candles of Wednesday and Thursday which had signalled such a turning point.  Clearly the recent...

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