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GBP/USD Chart – Monday, 31 October 2011

Posted on October 31, 2011 by World Markets
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GBP/USD:

We’re taking another look at cable this morning. The bullish risk conditions after last week’s EU summit helped cable continue higher towards its 200 day moving average at 1.6240, which is also the 61.8% retracement level of the down … Read more

Posted in Currency Chart Commentary | Tagged chart, GBP/USD | Leave a reply

GBP/USD Chart – Wednesday, 26 October 2011

Posted on October 26, 2011 by World Markets
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GBP/USD:

Ahead of the EU summit, anything regarding technical trading is anything but easy; but for anyone with a negative bias on risk and an EU solution (or no solution) that could yet be even more disappointing than the market … Read more

Posted in Currency Chart Commentary | Tagged chart, GBP/USD | Leave a reply
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