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GBP/USD

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Feb 14, 2013 04:50 am
#1

Mensajes: 939
Member since: 21/04/2011

GBP's weak performance on yesterday was mainly due to comments from BOE. BOE's governor said that they will look through CPI to support recovery but there r limits to what monetary policy can do. During QA session, it looks like BOE is now more concerned about growth and less worried about inflation targets.

At this time Support zone is around 1.5490 to 1.5500. Resistance zone is around 1.5700

Stick to your rules

Feb 14, 2013 12:28 pm
newsfxbase User

Mensajes: 267
Member since: 16/11/2012

Nice information Mr.uniquetrader  keep in touch....

Feb 16, 2013 05:09 am
Jogi User

Mensajes: 685
Member since: 06/06/2011

Originally posted by uniquetrader

GBP's weak performance on yesterday was mainly due to comments from BOE. BOE's governor said that they will look through CPI to support recovery but there r limits to what monetary policy can do. During QA session, it looks like BOE is now more concerned about growth and less worried about inflation targets.

At this time Support zone is around 1.5490 to 1.5500. Resistance zone is around 1.5700



GBP/USD went down very quickly yesterday before release of retails sales data but recovered shortly after that. At this time short term trend is ranging and technical indicators r supporting longterm bearish trend.

http://www.fxstat.com/widget/link?t=wide&c=1&s=26883&o1=growth&o2=drawdown&o3=monthly&o4=equity

Feb 23, 2013 08:38 am
Champ User

Mensajes: 711
Member since: 17/05/2011

Originally posted by uniquetrader

GBP's weak performance on yesterday was mainly due to comments from BOE. BOE's governor said that they will look through CPI to support recovery but there r limits to what monetary policy can do. During QA session, it looks like BOE is now more concerned about growth and less worried about inflation targets.

At this time Support zone is around 1.5490 to 1.5500. Resistance zone is around 1.5700



I would love to see regular updates on this pair :). 

http://www.fxstat.com/widget/link?t=tiny&c=1&s=24959&o1=growth&o2=drawdown&o3=profitfactor

Feb 25, 2013 05:11 am

Mensajes: 939
Member since: 21/04/2011

Originally posted by Champ

I would love to see regular updates on this pair :). 



Sure. I will try to post my opinion on regular basis.

For today, technical indicators r showing strong bearish moves. 

Stick to your rules

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