November 24th, 2014 11:27:29 GMT

The pound is stepping up support

by

Two decent support points have helped the pound base itself recently. The first at 1.5590 and the second around 1.5630. We’ve just broken out of the minor trendline resistance with the lower line providing greater S&R and need to push … Continue reading

November 24th, 2014 08:30:34 GMT

GBPUSD orders 24 Nov

by

Currently 1.5663 with offers noted into 1.5700-10 again but demand in the dips still Sellers   1.5675-85 1.5700 1.5720 1.5735 1.5750 1.5780 1.5800 Buyers  1.5650 1.5625 1.5600-5595 1.5580-85 1.5565 1.5550 1.5530 1.5500-10

November 21st, 2014 09:12:00 GMT

GBPUSD orders 21 Nov

by

Currently 1.5655 after the drop stopped around 1.5635 again. Demand noted on EURGBP selling Sellers   1.5675- 85 1.5700 1.5715-25 1.5740-50 1.5780 1.5800 Buyers 1.5625 1.5600-5595 1.5580-85 1.5565 1.5550 1.5530 1.5500-10

November 20th, 2014 14:34:18 GMT

Cable rises to highest since Monday

by

GBP/USD broke through yesterday’s post-FOMC minutes spike at 1.5720 and continued to 1.5731. If sterling can hold onto its 45-pips of gains today it would be the first two-day rally since October. Monday’s high of 1.5736 is mixed in with … Continue reading

November 20th, 2014 08:16:49 GMT

GBPUSD orders 20 Nov

by

Currently 1.5660 after 1.5632 lows as USD gets sold but rallies being capped by EURGBP buying. UK retails the data risk at 09.30 GMT Sellers   1.5685 1.5700-10 1.5725 1.5740-50 1.5780 1.5800 1.5830 1.5850 (stops above) Buyers 1.5625 1.5600-5595 1.5580-85 1.5565 … Continue reading

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.