British Pound Live Rates

  The Trend Trader for Forex For Trading On Tuesday, February 22, 2011 THE BIG SIX Close % Change 3x1 7x5 Minor Trend Major Trend Trend Reading AUDUSD - Aust Dollar / US Dollar 1.0143 + 0.25 1.0077 1.0081 Bullish EURUSD - Euro / US Dollar 1.3692 + 0.62 1.3592 1.3611 Bullish GBPUSD - British Pound / US Dollar 1.6252 + 0.49 1.6151 1.6165 Bullish USDCAD - US Dollar / Canadian Dollar 0.9864 + 0.21 0.9852 0.9860 Bullish USDCHF - US Dollar / Swiss Franc 0.9444 − 0.54 0.9542 0.9541 Bearish USDJPY - US Dollar / Japanese Yen 83.166 − 0.16 83.449 83.388 Bearish ALL OTHERS AUDCAD - Aust Dollar / Canadian Dollar 1.0007 + 0.47 0.9929 0.9953 Bullish AUDCHF - Aust Dollar / Swiss Franc 0.9579 − 0.29 0.9609 0.9645 Bearish AUDJPY - Aust Dollar / Japanese Yen 84.349 + 0.09 84.079 84.029 Bullish AUDNZD - Aust Dollar / New Zealand $ 1.3316 − 0.09 1.3295 1.3284 Bullish CADCHF - Canadian Dollar / Swiss Franc 0.9567 − 0.79 0.9683 0.9670 Bearish CADJPY - Canadian Dollar / Japanese Yen 84.257 − 0.40 84.665 84.511 Bearish CHFJPY - Swiss Franc / Japanese Yen 88.004 + 0.34 87.434 87.141 Bullish EURAUD - Euro / Australian Dollar 1.3493 + 0.34 1.3493 1.3499 Bearish EURCAD - Euro / Canadian Dollar 1.3505 + 0.82 1.3389 1.3429 Bullish EURCHF - Euro / Swiss Franc 1.2932 + 0.08 1.2976 1.3009 Bearish EURDKK - Euro / Danish Krone 7.4547 + 0.01 7.4552 7.4553 Bearish EURGBP - Euro / British Pound 0.8422 + 0.11 0.8412 0.8412 Bullish EURJPY - Euro / Japanese Yen 113.864 + 0.45 113.426 113.286 Bullish EURNOK - Euro / Norwegian Krone 7.7560 − 0.04 7.7756 7.8166 Bearish EURNZD - Euro / New Zealand Dollar 1.7966 + 0.22 1.7942 1.7927 Bullish EURSEK - Euro / Swedish Krona 8.7443 +...

  The Trend Trader for Forex For Trading On Thursday, February 17, 2011 THE BIG SIX Close % Change 3x1 7x5 Minor Trend Major Trend Trend Reading AUDUSD - Aust Dollar / US Dollar 1.0030 + 0.67 1.0010 1.0056 Neutral EURUSD - Euro / US Dollar 1.3568 + 0.61 1.3510 1.3599 Neutral GBPUSD - British Pound / US Dollar 1.6093 − 0.20 1.6073 1.6050 Bullish USDCAD - US Dollar / Canadian Dollar 0.9847 − 0.50 0.9876 0.9905 Bearish USDCHF - US Dollar / Swiss Franc 0.9592 − 0.79 0.9674 0.9676 Bearish USDJPY - US Dollar / Japanese Yen 83.671 − 0.11 83.547 82.953 Bullish ALL OTHERS AUDCAD - Aust Dollar / Canadian Dollar 0.9877 + 0.16 0.9884 0.9967 Bearish AUDCHF - Aust Dollar / Swiss Franc 0.9621 − 0.12 0.9681 0.9727 Bearish AUDJPY - Aust Dollar / Japanese Yen 83.917 + 0.56 83.620 83.419 Bullish AUDNZD - Aust Dollar / New Zealand $ 1.3288 + 0.32 1.3256 1.3137 Bullish CADCHF - Canadian Dollar / Swiss Franc 0.9738 − 0.30 0.9796 0.9780 Bearish CADJPY - Canadian Dollar / Japanese Yen 84.949 + 0.40 84.595 83.808 Bullish CHFJPY - Swiss Franc / Japanese Yen 87.198 + 0.69 86.359 85.735 Bullish EURAUD - Euro / Australian Dollar 1.3522 − 0.09 1.3504 1.3485 Bullish EURCAD - Euro / Canadian Dollar 1.3361 + 0.11 1.3337 1.3461 Neutral EURCHF - Euro / Swiss Franc 1.3016 − 0.19 1.3074 1.3108 Bearish EURDKK - Euro / Danish Krone 7.4558 0.00 7.4560 7.4557 Neutral EURGBP - Euro / British Pound 0.8429 + 0.80 0.8407 0.8459 Neutral EURJPY - Euro / Japanese Yen 113.526 + 0.50 112.902 112.585 Bullish EURNOK - Euro / Norwegian Krone 7.7652 − 1.10 7.8480 7.9022 Bearish EURNZD - Euro / New Zealand Dollar 1.7972 + 0.23 1.7902 1.7744 Bullish EURSEK - Euro / Swedish Krona 8.7054 − 0.37 8.7424 8.7948 Bearish GBPAUD...

  The Trend Trader for Forex For Trading On Wednesday, February 16, 2011 THE BIG SIX Close % Change 3x1 7x5 Minor Trend Major Trend Trend Reading AUDUSD - Aust Dollar / US Dollar 0.9963 − 0.64 1.0007 1.0056 Bearish EURUSD - Euro / US Dollar 1.3486 − 0.01 1.3516 1.3599 Bearish GBPUSD - British Pound / US Dollar 1.6125 + 0.55 1.6053 1.6050 Bullish USDCAD - US Dollar / Canadian Dollar 0.9897 + 0.08 0.9890 0.9905 Neutral USDCHF - US Dollar / Swiss Franc 0.9669 − 0.30 0.9707 0.9676 Bearish USDJPY - US Dollar / Japanese Yen 83.763 + 0.54 83.455 82.953 Bullish ALL OTHERS AUDCAD - Aust Dollar / Canadian Dollar 0.9861 − 0.56 0.9901 0.9967 Bearish AUDCHF - Aust Dollar / Swiss Franc 0.9633 − 0.94 0.9711 0.9727 Bearish AUDJPY - Aust Dollar / Japanese Yen 83.449 − 0.10 83.528 83.419 Neutral AUDNZD - Aust Dollar / New Zealand $ 1.3246 + 0.01 1.3221 1.3137 Bullish CADCHF - Canadian Dollar / Swiss Franc 0.9767 − 0.37 0.9812 0.9780 Bearish CADJPY - Canadian Dollar / Japanese Yen 84.610 + 0.47 84.380 83.808 Bullish CHFJPY - Swiss Franc / Japanese Yen 86.603 + 0.84 85.974 85.735 Bullish EURAUD - Euro / Australian Dollar 1.3534 + 0.65 1.3507 1.3485 Bullish EURCAD - Euro / Canadian Dollar 1.3346 + 0.06 1.3364 1.3461 Bearish EURCHF - Euro / Swiss Franc 1.3041 − 0.32 1.3119 1.3108 Bearish EURDKK - Euro / Danish Krone 7.4559 + 0.01 7.4561 7.4557 Neutral EURGBP - Euro / British Pound 0.8362 − 0.55 0.8421 0.8459 Bearish EURJPY - Euro / Japanese Yen 112.964 + 0.53 112.817 112.585 Bullish EURNOK - Euro / Norwegian Krone 7.8516 − 0.11 7.8934 7.9022 Bearish EURNZD - Euro / New Zealand Dollar 1.7931 + 0.63 1.7857 1.7744 Bullish EURSEK - Euro / Swedish Krona 8.7376 −...

  The Trend Trader for Forex For Trading On Monday, February 14, 2011 THE BIG SIX Close % Change 3x1 7x5 Minor Trend Major Trend Trend Reading AUDUSD - Aust Dollar / US Dollar 1.0019 − 0.23 1.0064 1.0056 Bearish EURUSD - Euro / US Dollar 1.3556 − 0.33 1.3630 1.3599 Bearish GBPUSD - British Pound / US Dollar 1.6004 − 0.58 1.6064 1.6050 Bearish USDCAD - US Dollar / Canadian Dollar 0.9872 − 0.79 0.9933 0.9905 Bearish USDCHF - US Dollar / Swiss Franc 0.9729 + 0.41 0.9659 0.9676 Bullish USDJPY - US Dollar / Japanese Yen 83.418 + 0.24 82.937 82.953 Bullish ALL OTHERS AUDCAD - Aust Dollar / Canadian Dollar 0.9893 − 1.02 1.0001 0.9967 Bearish AUDCHF - Aust Dollar / Swiss Franc 0.9745 + 0.16 0.9716 0.9727 Bullish AUDJPY - Aust Dollar / Japanese Yen 83.605 + 0.06 83.403 83.419 Bullish AUDNZD - Aust Dollar / New Zealand $ 1.3164 + 0.21 1.3129 1.3137 Bullish CADCHF - Canadian Dollar / Swiss Franc 0.9851 + 1.21 0.9722 0.9780 Bullish CADJPY - Canadian Dollar / Japanese Yen 84.448 + 1.03 83.474 83.808 Bullish CHFJPY - Swiss Franc / Japanese Yen 85.700 − 0.19 85.818 85.735 Bearish EURAUD - Euro / Australian Dollar 1.3529 − 0.08 1.3542 1.3485 Neutral EURCAD - Euro / Canadian Dollar 1.3381 − 1.14 1.3537 1.3461 Bearish EURCHF - Euro / Swiss Franc 1.3190 + 0.08 1.3159 1.3108 Bullish EURDKK - Euro / Danish Krone 7.4565 0.00 7.4559 7.4557 Bullish EURGBP - Euro / British Pound 0.8462 + 0.16 0.8479 0.8459 Neutral EURJPY - Euro / Japanese Yen 113.095 − 0.08 112.977 112.585 Bullish EURNOK - Euro / Norwegian Krone 7.9250 + 0.06 7.9136 7.9022 Bullish EURNZD - Euro / New Zealand Dollar 1.7819 + 0.15 1.7778 1.7744 Bullish EURSEK - Euro / Swedish Krona 8.7815 − 0.06 8.8044 8.7948 Bearish GBPAUD...

Overview The European Central Bank is under pressure to act on Thursday to help the Euro zone contain a crippling debt crisis that has stoked contagion fears in the United States and Asia World stocks rose for a second straight day while the euro sat on the previous day's gains as expectations grew the European Central Bank might deliver measures to alleviate worries over Euro zone debt.   Currencies   EURUSD In the Asian session, EUR/USD opened at 1.3140 after making a strong reversal higher in great part due to expectations the European Central Bank (ECB) will aggressively increase their peripheral European bond buying plan when they meet later today. The EUR/USD traded to 1.3144 before prop traders and US names squaring up sold decent amounts. The EUR/USD was also pressured by a fall in the AUD/USD following the worse than expected Australian Retail Sales. The pairing traded down to 1.3106 before talk of sovereign buying interest helped to underpin. The EUR/USD was trading around 1.3110 heading into...

FOREX Daily Outlook Monday To Midday Tuesday Nov. 30th  GMT: Clear bias to safety fx again, for the same reasons as yesterday, fueled by concerns about Ireland, spiking Portuguese and Spanish bond rates that threaten to force these nations to seek EU/IMF funds (currently insufficient to help Spain), China tightening, Korean military tensions too. Poor German jobs data doesn’t help as German prosperity is central for any EU bailout efforts.   Strongest over the past 24 hours: JPY, CHF, USD. Weakest: EUR, AUD, NZD, CAD, GBP in that order, almost perfect correlation with the forex risk hierarchy, except that the CHF and USD trade places on a minor technical adjustment after recent days’ USD strength. Longer term as long as the EU crisis is boiling the CHF should be under some pressure given that most of Swiss exports go to the EU. US Dollar Daily Outlook: Up vs. all except down vs. the JPY and CHF as the drive to safety on EU,...

Update Time: 18 Nov 2010 15:01GMT INTRA-DAY USD/JPY OUTLOOK - +83.45+ Despite early rebound fm 83.10 to 83.36 in European morning session due to cross-selling in yen, as dlr's intra-day broad-based decline has pushed price lower, suggesting further sideways trading wud continue b4 prospect of another rise to 83.45. Hold long, stop at breakeven n only below 83.00/03 sup wud risk weakness twd 82.85. Rate: +83.45+ Strategy: +Target met+ Position: Long at 83.15 Objective: 83.45 Stop-Loss: Resistance: 83.60 / 83.99 / 84.26 Support: 83.03 / 82.85 / 82.71 ******************** Update Time: 18 Nov 2010 11:39GMT INTRA-DAY EUR/USD OUTLOOK - +1.3655+ Euro has ratcheted higher after early pullback fm European morning high of 1.3657 to 1.3614, near term upside bias is retained but abv said res needed to extend this week's corrective rise fm 1.3446 to 1.3670 shud is likely to hold on 1st testing. Trade fm long side, stop at breakeven n only below 1.3600 signals top is possibly made, 1.3566. Rate: +1.3655+ Strategy: +Target met+ Position: Long at 1.3615 Objective: 1.3655 Stop-Loss: Resistance: 1.3657/1.3670/1.3710 Support: 1.3612/1.3576/1.3546 ******************* Update Time: 18 Nov 2010 11:40GMT INTRA-DAY EUR/JPY OUTLOOK - +113.65+ As euro has rebounded...

LONDON, Nov 17 (Reuters) - Following is a selection of comments from analysts on important technical developments in the foreign exchange market. CMC MARKETS * EURO/DOLLAR: "The weakness in the single currency accelerated yesterday hitting our target of $1.3500 as the euro looks to be heading towards the $1.3360 level, which would be 38.2 percent retracement of the up move from the June lows at $1.1880 to the highs at $1.4280. Having broken and closed below the 50 day moving average at $1.3640 the emphasis shifts even more firmly to the downside. Pullbacks should now be limited to this resistance at $1.3640 as and behind that at the $1.3800 pullback line resistance. A break of $1.3360 would then target $1.3080 which is the 50 percent retracement level of the same earlier up move." * DOLLAR/YEN: "While the US dollar continues to remain above the 50 day moving average at 82.70 yen, the risk remains for a larger move towards the 84.20 level. The...

Bias to safety fx though specific rankings today have as much to do with specific news items. Strongest: CAD, USD, GBP, in that order, weakest JPY, AUD, EUR in that order. Key fx events thus far: higher UK CPI boosts GBP, higher US bond yields and EU worries bolster USD, weigh on GBP. RBA statement suggests rates to stay steady into 2011 weigh on the AUD. US PPI, TIC are key events coming later. US Dollar Daily Outlook: Up vs. all except slightly lower vs. the CAD, aided by better than expected retail figures (consumer spending is about 70% of GDP) and rising US bond rates that imply rising short term USD rates sooner than expected. The USD is giving up some of its gains vs. the EUR, GBP, and CHF thus far today. Euro Daily Outlook: Down vs. all but the JPY, AUD on assorted concerns about Ireland, Greece, and Portugal. Rising US bond yields also strengthen the USD and thus weaken...

As policy makers around the world are believed to be on their way to pump more liquidity in the financial markets, demand on higher yielding assets increased since investors’ appetite improved, driving the dollar and the yen higher aginst ma=jor currencies like the euro and the pound. The euro traded during today’s Asian session against the dollar around the level 1.3770, recording the highest at 1.3792 and the lowest at 1.3734. On the other hand, the pair faced a support at 1.3720 that contributed into ending the downside movement of the pair. The daily momentum indicators show the pair in an oversold area, while the four hours indicators give selling signs. The pound recorded today a high of 1.6020 and a low of 1.5964. Now the pair trades around 1.5977 and now it faces a support at 1.5960. The daily momentum indicators give selling signs. The yen fell against the dollar during the Asian session, recording a low at 81.54 and a high...