Forex Analysis

Daily Technical Analysis

EUR/USD	USD/JPY
EUR/JPY	GBP/JPY
GBP/USD	AUD/JPY
AUD/USD	USD/CHF

Weekly Forex Analysis
EURUSD	USDJPY
EURJPY	GBPJPY
GBPUSD	AUDJPY
AUDUSD	USDCHF
Trading Approaches (Long Term Strategies)


Enter Forex Abode Community
Username Password Remember Me Forgot your password? Forgot your username? No Account Yet? Create an account

GBP/USD Analysis | Pound-Dollar Rates | GBP to USD -ForexAbode.com

Last Updated (Friday, 03 February 2012 11:50) GMT

Attention: open in a new window. E-mail

GBP/USD - Daily and Hourly Charts:

GBP/USD Hourly Chart

GBP/USD Daily Chart

GBP/USD: Daily Analysis

GBP/USD - Technical Analysis:

GBP/USD Current Exchange Rate: 1.5828 (at the time of analysis update)

GBP/USD Outlook: Short-term: Volatile Sideways. Near-term: Volatile Sideways/Down.

GBP/USD Analysis: There is no good trade configuration considering the risk-reward ratio and hence we are not taking any position..

Previous Analysis (Tuesday): A buy order at 1.5775 with a stop loss at 1.5730 (-45 pips) and take profit target first at 1.5820 (+45 pips) and then 1.5875 (+100 pips).

Note: Please also take a look at longer term trading approach/outlook updated on the weekends for GBPUSD. Please check the link on the left hand side of the page.

Note: Please subscribe to the "Analysis alerts" on the right hand side of this page so that we can send email alerts as soon as we update the Daily and weekly analysis.

You may like to share your current sentiments for GBP/USD.

GBP/USD Interest rate Comparison
(For Carry Trades)

0.50%

0.25%

GBP/USD Pivot Points

GBP/USD - Resistance and Support with Daily Pivot Points (Values at GMT 00:00)

Last Updated (Tuesday, 31 January 2012 00:41) GMT

Standard Pivot Point for GBP/USD		Fibonacci Pivot Point for GBP/USD		Woodie Pivot Point for GBP/USD		Camarilla Pivot Point for GBP/USD
R3	1.5817	R3	1.5772			R3	1.5739
R2	1.5772	R2	1.5744	R2	1.5777	R2	1.5732
R1	1.5745	R1	1.5727	R1	1.5755	R1	1.5726
Pivot	1.57	Pivot	1.57	Pivot	1.5705	Pivot	1.57
S1	1.5673	S1	1.5672	S1	1.5683	S1	1.5712
S2	1.5628	S2	1.5655	S2	1.5633	S2	1.5706
S3	1.5601	S3	1.5628			S3	1.5699
Open	1.5722	Open	1.5722	Open	1.5722	Open	1.5722
High	1.5726	High	1.5726	High	1.5726	High	1.5726
Low	1.5654	Low	1.5654	Low	1.5654	Low	1.5654
Close	1.5719	Close	1.5719	Close	1.5719	Close	1.5719

GBP/USD - Correlation with other currency majors

GBP/USD's Correlation with other currency majors:

GBP/USD Correlation Values:

GBP/USD
P e r i o d	G B P / U S D	AUD /USD	EUR /CHF	EUR /GBP	EUR /JPY	EUR /USD	NZD /USD	USD /CAD	USD /CHF	USD /JPY
1 W e e k	1	-0.8	0.49	-0.69	0.27	0.27	-0.16	-0.29	-0.07	-0.25
1 M o n t h	1	-0.95	0.85	0.8	0.9	0.95	-0.83	-0.57	-0.88	0.67
1 Y e a r	1	0.77	0.16	0.55	0.79	0.89	0.54	-0.83	-0.61	0.32

GBP/USD Correlation Graph:

0.77

0.49

0.16

0.55

0.27

0.79

0.27

0.89

0.54

0.32

0.8

0.69

0.16

0.29

0.83

0.07

0.61

0.25

Check mid-term Analysis/Outlook/Strategies for GBPUSD.

Please check the current GBP/USD Exchange Rate.

Check any Real-Time GBP/USD Trades in Forum.

You may also check any GBP/USD Alerts.

Forex Trading Alerts

Forex Forum

Forex Winning Strategies

GBP USD

Privacy Policy: Please find the link on registration page for the details of our policies about security of your information and no spamming.

Legal Disclaimer: ForexAbode.com is an information site on the foreign exchange (Forex trading) market. Our analysis and forecasts only reflects our views and any suggestion and forex trading analysis/advice given on this website is based on our experience and views of the Forex market and does not constitute an investment advice. We will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information anywhere on this site by us or any other member of our Forex Forum. We currently update currency analysis for eur/usd, usd/jpy, eur/jpy, gbp/jpy, gbp/usd, aud/jpy, aud/usd and usd/chf. Please treat these only as our views and not an investment advice.