Daily Market Overview: GBP/USD

Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5769
Daily minimum: 1.5650

GBP/USD commenced the upward rally after the Bank of England kept its benchmark rate at the sa me level (0.50%) as the recovery remains weak. The daily forecast consensus at 1.5685 was breached today.

Daily Resistance: 1.5757; 1.5804; 1.5886. 
Daily Support: 1.5628; 1.5546; 1.5499. 
Daily Bias: Neutral.
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Thu, 08 Dec 2011 16:40:36 GMT

Daily Market Overview: USD/JPY

The pair continues trading within the 77-78.00 price corridor as the Japanese economic recovery remains fragile, though the forecast mean at 77.69 was hit today.

Thu, 08 Dec 2011 16:39:43 GMT

Daily Market Overview: EUR/JPY

The Euro pierced the market participants' forecast at 104.16 against the Yen though it went lower as investors acquired yens on the EU debt concern.

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