Comments on: Comeback of the Pound (2)

By: GBP/USD Outlook – January 25-29 | Forex Crunch

GBP/USD Outlook – January 25-29 | Forex Crunch — Fri, 29 Jan 2010 23:23:45 +0000

[...] 1.5720 is a major resistance line that held the Pound from falling and sent it to a comeback. A big dollar storm will sent the pair towards the 1.5350 [...]

By: GBP USD Forecast - November 30 - December 4 | Forex Crunch

GBP USD Forecast - November 30 - December 4 | Forex Crunch — Fri, 29 Jan 2010 15:52:43 +0000

[...] down, 1.6110 was a resistance line when the Pound began the comeback, and is now a support line. Further down, 1.5720 works as major support. The Pound didn’t [...]

By: GBP/USD Outlook – January 18-22 | Forex Crunch

GBP/USD Outlook – January 18-22 | Forex Crunch — Sat, 16 Jan 2010 21:11:41 +0000

[...] is at 1.5720. The Pound traded above this important line in the past 8 months, and it began the comeback from this spot. Looking even lower, 1.5350 was a clear line of support and resistance in the past [...]

By: GBP/USD Outlook – January 11-15 | Forex Crunch

GBP/USD Outlook – January 11-15 | Forex Crunch — Sun, 10 Jan 2010 14:37:35 +0000

[...] from Friday’s attempt, it worked in the past as a place where the Pound stopped during the big comeback. Higher, the 1.6260 line was also a support line in the past, and is stronger [...]

By: British Pound Outlook- January 4-8 2010 | Forex Crunch

British Pound Outlook- January 4-8 2010 | Forex Crunch — Sat, 02 Jan 2010 16:32:24 +0000

[...] support for the Pound is at 1.6110. This is a line that it struggled to break after starting the comeback, but its importance is now smaller, after being broken too many [...]

By: GBP/USD Forecast – December 28-31 | Forex Crunch

GBP/USD Forecast – December 28-31 | Forex Crunch — Sun, 27 Dec 2009 10:09:20 +0000

[...] down, 1.5720 is a very strong support line. GBP/USD bounced off this line before it began the big comeback. Even lower, 1.5350 is the next support line, but there’s a very slim chance that the Pound [...]

By: GBP/USD Forecast – December 21-25 | Forex Crunch

GBP/USD Forecast – December 21-25 | Forex Crunch — Mon, 21 Dec 2009 18:09:22 +0000

[...] below, 1.5720 continues to provide major support, last tested in October, before the comeback of the Pound began. Looking even lower, 1.5350 is the next support line, being a resistance line more than once [...]

By: GBP/USD Forecast December 14-18 | Forex Crunch

GBP/USD Forecast December 14-18 | Forex Crunch — Sat, 12 Dec 2009 15:16:05 +0000

[...] Looking down, 1.6110 serves as an initial and significant support line. It served as a resistance line before the pair made a break upwards. Further down, 1.5720 supplies huge support. The Pound bounced off this line when it began the big comeback. [...]

By: British Pound Forecast – December 7-11 | Forex Crunch

British Pound Forecast – December 7-11 | Forex Crunch — Sat, 05 Dec 2009 19:29:08 +0000

[...] The ultimate support line appears at 1.5720, where GBP/USD bounced off when it began the comeback. [...]

By: GBP/USD Forecast - November 23-27 | Forex Crunch

GBP/USD Forecast - November 23-27 | Forex Crunch — Sun, 22 Nov 2009 09:46:45 +0000

[...] support is found at 1.5720, a line that was solid, and where the Pound began the big comeback. Note that some of the support and resistance lines have changed since last week’s GBP/USD [...]