Daily Market Overview: GBP/USD

Note: This section contains information in English only.
Source: Dukascopy Bank
© Dukascopy Bank
Daily maximum: 1.5813
Daily minimum: 1.5649

The British pound commenced a bearish reversal today after hitting the daily forecast mean (1.5797) as the Bank of England monetary policy committee (7-0-2 act./9-0-0 est.) voted to continue another quantitative easing to support the UK economic recovery.

Daily Resistance: 1.5837; 1.5906; 1.5960. 
Daily Support: 1.5745; 1.5689; 1.5397. 
Daily Bias: Neutral.

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Wed, 22 Feb 2012 20:46:12 GMT

Daily Market Overview: USD/JPY

USD/JPY pursued moving in the upward direction today on a increase of January existing home sales in the US, leaving the daily forecast mean (79.71) intact.

Wed, 22 Feb 2012 19:20:38 GMT

Daily Market Overview: EUR/JPY

The common European currency moved higher today on the Greek debt deal confirmation and pierced the 105.53 target today.

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