Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5887
Daily minimum: 1.5832

The British pound inched lower today, breaching the 1.5843 mark today, as the US monthly pending home sales improved more than expected (2.0% act./1.1% est.).

Daily Resistance: 1.5941; 1.6058; 1.6159. 
Daily Support: 1.5763; 1.5714; 1.5397. 
Daily Bias: Bullish.

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Mon, 27 Feb 2012 19:20:12 GMT

Daily Market Overview: USD/JPY

Daily maximum: 81.48Daily minimum: 80.13USD/JPY advanced today on an increase in US monthly pending home sales, hitting the daily forecast mean at 80.89. Daily Resistance: 79.77; 81.62; 82.42. Daily Support: 80.34; 79.97; 75.51. Daily Bias: Strongly bullish.

Mon, 27 Feb 2012 17:49:28 GMT

Daily Market Overview: EUR/JPY

The common European currency started the second week in a row with a rally, breaching the market participants' mean (108.65), as investors await successful vote in Germany on the second Greek package approval.

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