Posts Tagged ‘pound’

Action Insight-Forex Analysis – Trade Idea: GBP/USD – Stand aside

Friday, January 22nd, 2010

The British pound finally broke below the Ichimoku cloud bottom, confirming the rise from 1.5832 has ended at 1.6459 and stronger correction towards 1.6063 would be seen, however, loss of near term downward momentum would be limited to 1.6000 and reckon 1.5949 (100% projection of 1.6459 to 1.6123 measuring from… Read more… Technorati Tags: below, [...]

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Action Insight-Forex Analysis – 2010 Currency Outlook: GBP

Thursday, January 21st, 2010

Since January 2007, the pound has dropped -23.5% against its major trading partners with the decline against the euro slightly more than that against the dollar. Although the pound managed to gained against most of these partners in 2009, much of the return was erased in the second half of… Read more… Technorati Tags: against, [...]

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