Posts Tagged ‘Pair’
Currency Traders May Witness A Slight Correction in the GBPUSD as the Pair Breaks Above Key Resistance
Author: Germina Lake
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Posted in Forex News | 
Tags: above, Breaks, Correction, Currency, GBPUSD, Pair, Resistance, Slight, Traders, Witness | 
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EURGBP Eyes 0.8450 as the Pair Works Its Way Into A Descending Channel
Author: Germina Lake
The EURGBP is trading within a descending channel on the 15 minute chart and a breakout to the upside is unlikely as the euro remains weighed by uncertainty surrounding the EU rescue fund, while debt contagion fears continue to rattle the 16 member euro area.
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Posted in Forex News |
Tags: 0.8450, Channel, Descending, EURGBP, eyes, Into, Pair, Works |
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GBPNZD Poised to Push Lower as the Pair Works Its Way Into A Descending Channel
Author: Germina Lake
The GBPNZD has worked its way into a descending channel on the 15 minute chart, which has remained intact for the past 3 days.
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Posted in Forex News |
Tags: Channel, Descending, GBPNZD, Into, Lower, Pair, Poised, Push, Works |
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Downside Risks Remain for the GBPUSD as the Pair Struggles to Break Above the 200-day SMA
Author: Germina Lake
The British pound pared yesterday’s decline against the U.S. dollar, but now looks to find major resistance at the 200-day moving average. Failure to make a clear break above 1.5500 may lead to downside risks back towards 1.5370 over the next twenty four hours.
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