Eurusd/gbpusd - page 1015
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Billions of pounds were wiped onto European markets on Monday after eurozone finance ministers agreed to lend Spain up to €100bn to shore up its struggling banks, relieving markets that had feared a fiscal collapse in the country.
Read more:
Markets and euro jump on Spanish bank rescue - Telegraph
China will build 70 new airports within the next three years, the head of the country's aviation watchdog has said, as part of ambitious expansion plans in the industry despite an economic slowdown.
read more:
China to build 70 airports by 2015 - Telegraph
best week signals
week no. trade 24h/5d,same no. all the week ,trade with the trend
week no. eu 2633, 2616, 2609, was signal sell-----
best week signals
week no. trade 24h/5d,same no. all the week ,trade with the trend
week no. gu,5536, 5546,5563 was signal buy---5578 tp1 42p, tp2 32p, tp3 15p later week no. 5563, 5546, 5536 was signal sell----
best week signals
week no. trade 24h/5d same no. all the week
stop out 5465 tp1 102p, tp2 81p, tp3 71p....olso week no. 5486, 5476 was signal sell.. later week no. 5476, 5486was signal buy-------
week no. trade 24h/5d same no. all the week
stop out 5518 tp1 42p, tp2 32p, later week no. 5503, 5486, 5476 was signal sell-----5458 tp1 45p, tp2 28p, tp3 18p, later week no. 5476, 5486 was signal buy----
best week signals
stop out 2474 tp1 159p, tp2 142p, tp3 135p
GBPUSD
The Pound/Dollar is Decreasing Following the Euro
Thanks to growth of pound against the euro in the cross rate, losses of the British pound against the dollar were not that big as in the single currency. Nevertheless, having reached 1.5580, where the 100-day middle average was, the pound/dollar commenced lowering, as a result the pair returned to the level of the Friday's closure, covering the gap at the same time. This time, the level of 1.5460 is capable of withholding the sellers' pressure, but the inability to develop an upward dynamics worsened the pair's prospects and the 54th figure's testing seems quite feasible. To recover its growth, the pound needs to overcome the resistance at 1.5580, it will encourage strengthening of the pair to 1.5660. The nearest resistance is at 1.5500 – 1.5520.
best week signals
5503, 5536, 5546, 5563 week no. was signal buy--
stop out 5581 tp1 105p, tp2 95p
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This becomes to look like a "ranging" or a "mild recovery zone" now. The problem isa that it depends on politicians, and politicians and economy have as much in common as ... whatever