Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank

Daily maximum: 1.5624

Daily minimum: 1.5506

GBP continues recovering previous weekly losses after hitting the daily market participants' forecast consensus (1.5508) on strong UK Manufacturing PMI (49.6 vs. 47.4 estimate).


Daily Resistance: 1.5546; 1.5583; 1.5622. 
Daily Support: 1.5470; 1.5431; 1.5394. 
Daily Bias: Strongly bearish.
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Tue, 03 Jan 2012 16:04:18 GMT

Daily Market Overview: USD/JPY

The Japanese yen strengthened today as the EU debt woes continue to worry investors. The daily forecast mean at 76.95 has been approached.

Tue, 03 Jan 2012 16:04:10 GMT

Daily Market Overview: EUR/JPY

The shared European currency attempted to break through the 100 level on more-than-forecast German employment data, remaining the daily target at 99.54 untapped for now.

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