Thursday, June 25, 2009

GBP / USD Trying to Ride Again

Curency GBP / USD cendrung an experience to go down on the volume level middle .investor the dollar with the divesting of fed decision on monetary policy later., Investors believe that the FOMC remains Adverse position on the ability to lead in a large number of liquiditas will circulating in the market.Since the U.S. is exposed to the rest of the globe more monetarily, benefit more from the pound euro since the majority of UK economic data continues to flow in or over the ekspectasi analysis. Including the CBI this week sales figures. CBI data that meet the expectations of analysts to indicate that while Pound is still struggling but at least retail decline, is in the level better than before it. However, at this time investors more comfortable in the U.S. Dollar

If the GBP / USD can rise from the previous high this can be said as quicken progress. investors must keep the volume to move the volume updown .For trends, investors should look at U.S. economic data this morning. and follow FOMC meeting. If the S & P future crude likely to continue the trend decline in GBP / USD will be follow its correlation very down because positif.Volatility should be improved this week and there is no certainty how the dollar will react to the Fed decision. Whatever the GBP / USD has made some moves backward.

Resistances
1: 1.6574
2: 1.6624
3: 1.6698
4: 1.6768
5: 1.6851

Supports
1: 1.6532
2: 1.6472
3: 1.6412
4: 1.6371
5: 1.6315


blogspottemplate.com by Isnaini.Com