Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.5697

Daily minimum: 1.5596

The British Pound slumped today, crossing the market participants' target at 1.5612 as investors consider the UK economic prospects gloomy for the next quarter.


Daily Resistance: 1.5665; 1.5749; 1.5790. 
Daily Support: 1.5540; 1.5499; 1.5415. 
Daily Bias: Neutral.
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Tue, 27 Dec 2011 15:51:44 GMT

Daily Market Overview: USD/JPY

USD advanced today as investors continued acquiring the US dollars against the yen on strong US consumer confidence.

Tue, 27 Dec 2011 15:51:35 GMT

Daily Market Overview: EUR/JPY

The common European currency continued its recovery versus the Yen as investors expect the Christmas rally will make the European retailers benefit from it; thus, the daily forecast mean at 101.90 has been hit.

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