GBP USD Holds Steady
June 29, 2010 by admin · Leave a Comment
The Pound Dollar exchange rate is 0.364% lower with 1 GBP = 1.5053 USD at 1:15 PM in London. The GBP USD rate has turned around since the Election and hit the turbo button after the Emergency Budget. The 900-pip rise since mid-May has propelled the rising 21-day moving average up through the 50-day version. [...]
GBP/USD Classical 02.25 (Daily FX via Yahoo! Finance)
February 25, 2010 by admin · Leave a Comment
GBP/USD: The most recent bout of bearish consolidation has been broken, with Thursday’s declines below 1.5350 opening a fresh downside extension which now eyes critical psychological barriers by 1.5000.