News - View Article > Community: Commentaries > Daily Commentary for Monday, March 1, 2010 > March Share Purchases > U.S. Equity Markets Expected To Open Weaker This Morning > Dollar Rises After Forex Traders Flock to Safer Assets > Global Markets Up, Waiting on Gold for a Trade > Indices Close Near Flat as Afternoon Sell-Off Reverses Morning Gains > Monetizing the Internet > A Look at GBP

IntegrityFX's Commentaries

Mar 12 2010

A Look at GBP

by IntegrityFX
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Lately the theme that I have seen in the market has been a mild willingness to take on risk, except when looking at GBPUSD. On a day chart the pair still remains in its down trend although it is currently off of its recent lows. It has found support near 1.4870, which had been acting as resistance about this time last year. The pair also received some support by 1.50 being a sentimental level. If you [...]


Tags: luminous-fx | aud | forex | fundamental | gbp | resistance | support | usd
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