gbpusd

Hi all! In this topic, every day, before the opening of the European session I'll publish trading recommendations on two major currency pairs EURUSD and GBPUSD. Analysis and forecasting of currency market is on the system "Forex Levels" which are based on a pair of moving averages, support...

GBPUSD: The pair is now building up strength but will have to break out of its symmetrical triangle and break above the 1.6272 level to convince the market of further gains. This will open upside risk towards its Nov’2010 high at 1.6298 with a clearance of there resuming its broader long term...

EURUSD Comment: Hovering around Fibonacci support as we consolidate under this year’s high, wondering which exactly is this year’s currency of choice when leveraging or de-leveraging. Allow for more of the same today and slow work all week. At-the-money implied volatility might pick up this...