NY Opening Forex Commentary:EURO diverges from the rest
October 13, 2010 by Greg Michalowski · Leave a Comment
UK Consumer Confidence
October 12, 2010 by Alex Chernomordin · Leave a Comment
Consumer Confidence in the UK slumped to an 18-month low at 53 versus the estimate of 59 and the prior reading of 61. The Pound declined on this news reaching April lows against the Euro. On the EUR/GBP chart we see the pair is fast approaching a resistance trendline that has contained the pair since 2008. Now trading above the 100 week and with the stochastic oscillator signaling overbought, opportunities might arise closer to the ~.8925 level if it is approached this week.

EURGBP sitting on the 100 horu MA at the 0.8643. Eyeing level tonight
October 4, 2010 by Greg Michalowski · Leave a Comment

GBPUSD being pushed higher by EURGBP selling today
October 4, 2010 by Greg Michalowski · Leave a Comment
GBPUSD and EURGBP linked closely today. Be aware
September 22, 2010 by Greg Michalowski · Leave a Comment
GBPUSD tests 100 hour MA. Influenced by EURGBP
September 6, 2010 by Greg Michalowski · Leave a Comment
EURGBP tests key borderline 100 day MA at 0.8381
September 6, 2010 by Greg Michalowski · Leave a Comment
Forex QUICK: EURGBP, GBPUSD following the same path today
June 2, 2010 by Greg Michalowski · Leave a Comment
