Daily Market Overview: GBP/USD

Source: Dukascopy
© Dukascopy
Daily maximum: 1.5755
Daily minimum: 1.5637

The British pound edged over the American dollar today as the Manufacturing PMI rose more-than expected, suggesting the UK economy is returning to a good shape, breaching the market mean at 1.5680.

Daily Resistance: 1.5814; 1.5924; 1.6068. 
Daily Support: 1.5560; 1.5416; 1.5306. 
Daily Bias: Neutral.
Back to articles

Actual Topics

Thu, 01 Dec 2011 16:51:01 GMT

Daily Market Overview: USD/JPY

The market participants' mean at 77.66 has been broken through as more investors purchased the American dollar versus Japanese yen on higher-than-forecast ISM Manufacturing PMI at 52.7, indicating the US economy is improving.

Thu, 01 Dec 2011 16:50:47 GMT

Daily Market Overview: EUR/JPY

The market participants' target at 104.20 was pierced today as the pair continued its rally after the markets got assured the European debt crisis will be resolved.

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.