Daily Market Overview: GBP/USD

Source: Dukascopy
© Dukascopy
Daily maximum: 1.5725
Daily minimum: 1.5656

The market mean at 1.5692 was approached today as GBP rose higher today as the construction PMI was released at a higher rate than expected, suggesting that the economic recovery is becoming stronger.

Daily Resistance: 1.5751; 1.5812; 1.5870. 
Daily Support: 1.5632; 1.5574; 1.5513.
Daily Bias: Neutral.
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Fri, 02 Dec 2011 17:11:37 GMT

Daily Market Overview: USD/JPY

USD/JPY continued its gradual rally after the US unemployment rate declined to 8.6%, indicating the US macroeconomic conditions are improving. The market participants' target at 77.67 remained untapped today.

Fri, 02 Dec 2011 17:11:26 GMT

Daily Market Overview: EUR/JPY

While investors remain bullish on the pair on hopes that the EU top officials will agree to make closer financial integration in the Eurozone, EUR/USD continued its rally, leaving the market mean at 104.61 untapped.

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