Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.5544

Daily minimum: 1.5466

The British pound pared its last week losses after Chancellor George Osborne stated the UK will introduce the ICB Bank reforms to enhance the banking sector in the country. As a result, the daily forecast mean has been breached at 1.5532.


Daily Resistance: 1.5572; 1.5602; 1.5646. Daily Support: 1.5498; 1.5454; 1.5424. Daily Bias: Strongly 
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Mon, 19 Dec 2011 16:58:09 GMT

Daily Market Overview: USD/JPY

USD advanced today as investors sold safe-haven yens against USD as investors flee to the US T-bills on the EU debt fears, thus the daily forecast at 77.78 remained untapped today.

Mon, 19 Dec 2011 16:57:44 GMT

Daily Market Overview: EUR/JPY

The shared European currency recovered after the Japanese government announced to trim 2012/13 national budget, thus EUR/JPY has hit the daily forecast consensus at 101.43.

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