The purchasing managers’ index for the services sector came out within expectations – 53 points. This helped cable move forward, but it’s still struggling with the mighty 1.5650 line, that capped it throughout the week. The British pound has been enjoying the improvement in Europe – the hopes of a real resolution to the debt crisis also helps Britain. Britain is heavily exposed to Ireland and also to other European countries. A convincing break above 1.5650 will send the pair towards minor resistance at 15720. Support is found at 1.5470. For more levels and technical analysis, see the GBP USD forecast. Yohay Elam Yohay Elam Yohay Elam: Founder, Writer and Editor I have been into forex trading for over 5 years, and I share the experience that I have and the knowledge that I've accumulated. After taking a short course about forex. Like many forex traders, I've earned a significant share of my knowledge the hard way. Macroeconomics, the impact of news on the ever-moving currency markets and trading psychology have always fascinated me. Before founding Forex Crunch, I've worked as a programmer in various hi-tech companies. I have a B. Sc. in Computer Science from Ben Gurion University. Given this background, forex software has a relatively bigger share in the posts. Yohay's Google Profile View All Post By Yohay Elam Forex Bits share Read Next Canadian Unemployment Rate Drops – USD/CAD Bounces at Parity Yohay Elam 12 years The purchasing managers' index for the services sector came out within expectations - 53 points. This helped cable move forward, but it's still struggling with the mighty 1.5650 line, that capped it throughout the week. The British pound has been enjoying the improvement in Europe - the hopes of a real resolution to the debt crisis also helps Britain. Britain is heavily exposed to Ireland and also to other European countries. A convincing break above 1.5650 will send the pair towards minor resistance at 15720. Support is found at 1.5470. For more levels and technical analysis, see the GBP USD… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
