Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5858
Daily minimum: 1.5800

The British pound commenced a correction today and broke through the daily forecast mean (1.5813) on poor UK construction PMI (51.4 act./52.8 est.).

Daily Resistance: 1.5907; 1.5982; 1.6083. 
Daily Support: 1.5731; 1.5630; 1.5555. 
Daily Bias: Bullish.

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Thu, 02 Feb 2012 20:08:01 GMT

Daily Market Overview: USD/JPY

The Japanese Yen appreciated against the American dollar on rumors the Japanese government will intervene, crossing the 76.20 target.

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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