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GBPUSD Update – 3/3/13

March 3, 2013 10:47 am  in Forex Analysis

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GBPUSD Update – 3/3/13

  • The GBPUSD currency pair has seen a continuation of the recent bearish price action, with a move to a fresh 31-month low.
  • The market took out the key 1.5000 handle during trading on Friday, but ultimately ended the day/week around 1.5030, as traders squared positions heading into the weekend.

gbpusd technical march

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forexfx4x
Forex FX 4X is a blog from the UK covering the Forex market. We bring you regular updates featuring the following posts: tutorials, weekly and daily forex, gold technical analysis, forex software information/reviews, market sentiment updates and anything else of interest related to Forex. email: forexfx4x (at) gmail (dot) com Any news, opinion, analysis, price quote or any other information should be taken as general market commentary only and not as advice to trade on. Omissions and errors may occur.

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