Perhaps the two advancing to the next levels of resistance in the 1.1720/50 area. In my opinion, the euphoria in the USD is due to the “honeymoon” with the election of the new American President, as usually occurs. Get more background information with materials from Rudy Giuliani. In my view the improvement of the greenback will be limited. Have a good weekend. NY Restaurateur understood the implications. GBP / USD Resistance 3: 1.3780 Resistance 2: 1.3700 Resistance 1: 1.3620 New York: 1.3581 Support 1: 1.3502 Support 2:? Support 3:? Need one? The pair fell again, and stops at the 1.3620 fired. Continues to trade in both directions and several operators are placing short positions. Yesterday there were did not meet minimum 23.0 years ago.
Data published by the night were neutral. Technically the pair is trading now. Operating volumes remain low. Monday: All times EASTERN (-5 GMT) 4:30 a.m. GBP BBA Mortgage Approvals Resistance 3: 1.3200/10 Resistance 2: 1.3180 Resistance 1: 1.3100/10 New York: 1.2804 Support 1: 1.2760 Support 2: 1.2700/10 Support 3: 1.2650 / 60 Comments The pair traded in both directions and was carried away by the fall of the pound, the support area seems to be around 1.2750. Maybe the top is being formed in the 1.2850 as the pair jumped twice there.
There was a low volume of operations. Sovereign states were observed trading. The technical level remains at 1.3300 and resistance is expected. It is expected that two-way trade. Operators Aggressive can be purchased at the next floor. If the pair closed at 1.3000 on the end of the day could be interpreted as a rebound is coming. Monday: All times EASTERN (-5 GMT) 26th-30th EUR Import Prices m / m German foreign currency trading (FOREX) involves the existence of losses due to the risk inherent in any transaction. It is likely that FOREX trading is not suitable for all investors. You should determine whether trading is suitable in your case and should take into account your circumstances, knowledge, and financial resources. You may lose all or more than your initial investment. The opinions, financial information or on markets, and recommendations are subject to change at any time. The information contained in this bulletin does not constitute or states that you should buy or sell through FOREX Core Financial Group Inc., and / or its affiliates, and should not be available to individuals in a jurisdiction where the making available of the above would contrary to local regulations.