Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5867
Daily minimum: 1.5707

GBP/USD continued yesterday's rally on more-than-forecast Manufacturing PMI (52.1 act./50.1 est.), breaching the daily market participants' mean (1.5754).

Daily Resistance: 1.5805; 1.5849; 1.5903.
Daily Support: 1.5707; 1.5653; 1.5609. 
Daily Bias: Strongly bullish.

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Wed, 01 Feb 2012 19:28:03 GMT

Daily Market Overview: USD/JPY

The American dollar traded below the 77.00 mark against the Japanese yen as the pair as weak ADP non-farm employment change (170K act./189K est.) disappointed investors.

Fri, 03 Feb 2012 17:12:30 GMT

EUR/JPY to hover below 102.55/60

At the moment EUR/JPY is capped by a resistance zone at 102.55/60 and is unlikely to breach this level in the short-term. The initial support is at 101.00/100.75, followed by lines at 98.90 and 97.04.

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