GBP/USD - Daily and Hourly Charts:
GBP/USD Hourly Chart
GBP/USD Daily Chart
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GBP/USD Technical Analysis:
British Pound - US Dollar Exchange Rate: 1.6244 (at the time of analysis update)
GBP/USD Outlook: Short-term: Sideways//Down. Near-term: Up/Down.
GBP/USD Analysis (December 21, 2012): there is no good trade configuration considering the risk-reward ratio and hence we are not taking any position.
Previous Analysis (December 20, 2012): A buy position at 1.6265 with a stop-loss at 1.6240 (-25 pips) and take profit target first at 1.6300 (+35 pips) and then 1.6345 (+80 pips).
Note: Please also take a look at GBP USD Outlook for mid-term trading approach/outlook updated on the weekends for GBPUSD.
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(For Carry Trades)
GBP/USD - Resistance and Support with Daily Pivot Points (Values at GMT 00:00)
Last Updated (Friday, 21 December 2012 04:22) GMT
GBP/USD's Correlation with other currency majors:
GBP/USD Correlation Values:
GBP/USD Correlation Graph:
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