Investopedia

Forex: GBP/USD around 1.5650 ahead of UK data

February 12, 2013 | Filed Under »
Forex pairs in this Article » GBP/USD
FXstreet.com (Barcelona) - The sterling is trading around the mid 1.56s ahead of a batch of data in the UK: inflation figures, DCLG House prices, producer prices and retail sales and CB leading economic index, all ahead the most relevant BoE Inflation Letter.

At the moment, GBPUSD is losing 0.01% at 1.5657 with the next support at 1.5646 (low Feb.7) ahead of 1.5628 (low Feb.5) and finally 1.5584 (Lower Bollinger).
On the upside, a breakout of 1.5737 (MA10d) would expose 1.5819 (MA21d) en route to 1.5845 (high Feb.8).
comments powered by Disqus
Marketplace
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Markets )