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Euro Pound (EUR GBP) analysis

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GBP/USD: Pound hits 1.4520 low after UK data

FXstreet.com (Barcelona) - GBP/USD, has lost about 100 pips during the European session so far, from levels around 1.4610 at the European opening time, the Pound has reached a intra-day low at 1.4522 after UK unemployment , PSNB and BoE minutes were released.At the moment, the Pound trades around 1.4540, 0.90% below its opening price, and support levels lie at 1.4515, and below here the area between 1.4475/65 (intra-week low) and 1.4400. On the upside, the Pound might find

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Forex: GBP/USD: Pound picks up from three-weeks low at 1.4465

FXstreet.com (Barcelona) ? The Pound fell on Monday from 1.4785 opening price to a three weeks low at 1.4465 reached on early Asian session on Tuesday, afterwards the Sterling has managed to climb to 1.4575 intra-day high. At the moment, the Pound remains below 1.4580 level (Apr 7 and 9 low), and above here the pair could face resistance at 1.4605 (Apr13 low) and 1.4665/80 level. On the downside, 1.4500 and 1.4465 fresh three-week low, and below here, next support

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GBP/USD: Weak Pound holds above 1.4595 level

FXstreet.com (Barcelona) ? The Pound has been severely hit by the worst quarterly GDP performance since 1979, and the Pound has declined to 1.4595 support level during European morning time.At the moment Sterling trades some pips above 1.4600 with resistance levels at 1.4645 and 1.4680, in case of further decline, next support levels could be at 1.4560 and 1.4515.According to Peter Rosentreich, economist at ACM - Advanced Currency Markets, the Pound might reach 1.4515 before the end of the week:

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Euro and Pound pick up after U.S data; Yen, down

FXstreet.com (Barcelona) - U.S. CPI data and the NY Fed manufacturing Index have triggered a wave of risk appetite and Euro and Pound have reversed their downward trends while the USD/JPY has bounced from multi-week lows.Consumer prices Index has remained unchanged from march to April, while it dropped 0.7% year on year. Excluding food and Energy, the Core CPI has increased 0.3% on the month, somewhat above the 0.1% increment expected. NY Fed manufacturing Index has improved to -4.55 in

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Euro / Pound Sterling converter (SPAIN / UNITED KINGDOM)

Euro / Pound Sterling converter (EUR / GBP) will convert the currency of SPAIN in currency of UNITED KINGDOM with the actual exchange rate.

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Forex: GBP/USD: Pound reaches 1.5445; 2009 high so far

FXstreet.com (Barcelona) - The Pound has soared ahead of the European session opening breaking 1.5355 resistance level to reach 1.5445, the highest price on the current year so far. From now on, next potential resistance levels could lie at 1.5535(Nov 25 and 27 high) and above there, 1.5600 and 1.5725 (Dec 17 high). On the downside, support levels lie at 1.5355 (May 12 high), and below there, 1.5285 (May 15 high) and 1.5255 (May 8 high).For more information, read

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Forex: GBP/USD: Pound approaches 1.5900 on recovery from 1.5775 low

FXstreet.com (Barcelona) - The Pound is taking back lost ground and, after having broken above May 25 low at 1.5835, the Pound trades around the middle of the previous range at 1.5880.Next resistance level lies at 1.5885, and if the Pound breaks above here, 1.5945/50 (May 22 high/ Intra-day high), then 1.6000. On the downside, initial support level lies at 1.5780, new intra-week low, and below there, 1.5755 (May 22 low), and below there, probably 1.5675.The Kshitij Consultancy Service

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