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Forex: GBP/USD is back above 1.5100

FXstreet.com (Barcelona) - After reaching 1.5160, fresh 4-months high and falls to 1.5030, the Cable has risen around 70 pips to be back above 1.5100 level. Currently the pair is trading around 1.5115/25 0.60% above its opening level.Valeria Bednarik, FXstreet.com says: Pair seems a bit exhausted to the upside, and ready for a downside correction in the hourly charts, probable bearish engulfing in the hourly, yet as long as the pair remains above 1.5000, consider bullish bias intact. Tough congestion

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Forex: EUR/USD found support at 1.3335, back above 1.3350

FXstreet.com (Barcelona) - After falling from 1.3435, intra-day high to find support at 1.3335, the EUR/USD has risen to trade above 1.3350 level. Currently the pair is trading around 1.3360 after falling 0.40% so fartoday from 1.3416 opening price.Valeria Bednarik, FXstreet.com collaborator, says: Consolidation range has moved up to the 1.33/34 zone, with daily charts still slightly bullish. 1.3550 where we have the 200 EMA will be a key point for the pair in the term. Above it, upside bias

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Forex (foreign exchange) Currency trading

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USD/JPY falls below 99.00 to test 98.80 level

FXstreet.com (Barcelona) - After reaching 3-weeks high at 99.80 in the early American morning, the USD/JPY has fallen around 100 pips to reach the 98.85 level and test 98.80 support level. Currently the pair is trading below the 99.00 after rising 0.30% so far today from opening price.Valeria Bednarik, FXstreet.com collaborator, says: Again pair failed to break above the 99.60 zone, and quickly come back. Pair accomplished channel target, now not useful. Hourly charts are suggesting some downside movements for

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Forex (foreign exchange) Currency trading

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Forex (foreign exchange) Currency trading

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Forex: GBP/USD finds support at 1.5210

FXstreet.com (Barcelona) - After reaching 1.5350, fresh 4-month high, the GBP/USD has fallen around 140 pips to find support at 1.5210, currently the pair is trading around 1.5240/50, rising 0.80% so far today from opening price.Valeria Bednarik, FXstreet.com collaborator says: Despite general bullish trend, pair seems exhausted both in hourly and 4 hours charts after reaching the 1.5350 zone. Corrections to the downside will find first static support around 1.5250, yet could extend to 1.5200 before pair resumes uptrend. 20

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