GBP/USD: Challenging Support at 1,6003
From Recent Commentaries | Safehaven.com
January 10, 2013 - 8:48am
GBP/USD is moving sideways close to the support at 1.6003 (07/12/2012 low). A break of the resistance at 1.6129 (08/01/2013 high) is needed to negate the bearish bias implied by January's sharp decline.
January 10, 2013 - 8:48am
Share This Article:
Wall Street Buzz
- May23 2:31amFutures Movers: Oil drops below $94 on weak China data
- May23 2:15am'We Are Penetrating Our Markets': Investec CEO
- May23 1:30amFed Pours Huge Sums Into Foreign Bank Coffers
- May23 1:29amHow to Negotiate a Sea of Stock Market Data for Your Own Personal Gain
- May23 1:29amWhy Rich Western Investors Are Returning Home
- May23 1:28amHas Microsoft Found Its Savior?
- May23 1:28amTwo Unconventional Precious Metals Investors Should Consider
- May23 1:20amAsia Markets: Japan stocks slump rapidly, lead Asia losses
- May23 1:19amJapanese Stocks in a Bubble Again?
- May23 1:13amTrimTabs CEO Biderman Favors Free Cash Flow Companies (Audio)
- May23 12:51amThree Cycles of American History
- May23 12:42amAsian Stocks Extend Losses; China Data, Fed in Focus
- May23 12:33amJapanese Stocks Plunge 1000 Points - Biggest Drop In 26 Months
- May23 12:03amTop 10 American Misconceptions about Democracy
- May23 12:03amCapex Cycle in China Picking Up
- May22 11:55pmBilly Crystal to star in FX sitcom pilot
- May22 11:54pmOn the Imposition of the German Export-led Growth Model on the Eurozone
- May22 11:47pmGold and Silver Prices Could Soar
- May22 11:47pmAsia Markets: Asia stocks slide after China data disappoint
- May22 11:35pmTornado History
- May22 11:33pmMetals Stocks: Gold falls after Fed talk boosts dollar
- May22 11:23pmMalaysia's EPF invests an additional $1.3 billion overseas in the first quarter
- May22 11:18pmRand Paul Has the Right Idea, Congress Should Apologize to Apple; Holy Grail of Tax Avoidance; The 'Golden Goose'; Hypocrite McCain
- May22 11:16pmGame Consoles: Not Just for Gaming Anymore
- May22 11:05pmComparing the Japanese and U.S. Zero Bound Experience
- May22 10:58pmEconomic Report: China manufacturing swings to contraction: HSBC
- May22 10:40pmGodfrey Bloom Breaks Down Fractional Reserve Banking
- May22 10:26pmAnd The Band Played On...
- May22 10:23pmTrucking Tonnage Falls Marginally in April 2013
- May22 10:10pmBernanke Testimony Brings Bipolar Stock Market Reaction
- May22 10:08pmInfographic of the Day: Top 10 Most Dangerous Foods
- May22 10:04pmChinese Economy Enters Contraction With First Sub-50 PMI Print Since October
- May22 9:46pmMay 2013 FOMC Meeting Minutes: Mid-Year QE Slowdown on the Table
- May22 9:33pmThey Better Pray There Is No Short Squeeze...
- May22 9:30pmAsia Markets: Tokyo stocks soar as Sydney, Seoul retreat
- May22 9:27pmWhat Hasn’t Mattered
- May22 9:25pmDavid Herro: The Case Against Emerging Markets [VIDEO]
- May22 9:20pmWill the first 2 Abenomics arrows hit the mark? Pointers from Takahashi policy
- May22 9:20pmVolatile Trading Day Keeps Focus on Fed, Jobs Data
- May22 9:17pmIRS official swears innocence, invokes 5th Amendment in House panel hearing
- May22 9:17pmEx-Rep. Weiner throws hat in NYC mayoral race
- May22 9:17pmMexico’s retail sales surprisingly contracts in March, rate cut likely
- May22 9:15pmHumana’s ‘Sell’ Signal May Be a Good Sign for Potential Buyers
- May22 9:00pmApple Inc. (AAPL) Hires Gartner Analyst Michael Gartenberg
- May22 8:56pmShockingly Weak Advance by VIX on Wednesday
- May22 8:55pmPresent Shock And The Loss Of History And Context
- May22 8:41pmThe Fed Destruction & A Cascading Panic Among Investors
- May22 8:31pmJim Grant Asks 'What Happened to Capitalism?'
- May22 8:28pmCanada's 'Warren Buffett' from India - Inspired Prem Watsa Sells in Review
- May22 8:26pmWeekly Canadian Insider Buys Update
