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AUDGBPAustralian Dollar British Pound03/09/10 17:18
LAST:

 0.5931		CHANGE:
 0.00		OPEN:
0.5920		HIGH:
0.5938		ASK:
0.5932		VOLUME:
0
CHANGE(%):
0.19		PREV:
0.5920		LOW:
0.5885		BID:
0.5931		OPEN INT:
0

British Pound Pivot is 15600

02 Sep 2010 04:46Daily FX
“The GBPUSD decline has also failed to accelerate as price has traded sideways for the last week. Above 15600 would turn the short term trend bullish.” If the rally from 15324 extends into 5 waves ... more...

British Pound Depreciates Against Euro as UK Manufacturing Growth Slows

01 Sep 2010 21:05Bloomberg
By Keith Jenkins - Wed Sep 01 15:55:39 GMT 2010 The pound weakened for a second day against the euro as a report showed UK manufacturing growth fell to a nine-month low in August, stoking ... more...

British Pound Looks To Manufacturing Data For Support

28 Aug 2010 10:21Daily FX
The British pound slipped against most of the majors on the week but ended on a strong note as a return of risk appetite helped sterling erase earlier losses. Comments from Fed chairman Ben ... more...

British Pound Pares Advance as UK Investments Falter, Euro Holds Steady Ahead Of US 2Q GDP

28 Aug 2010 00:02Daily FX
The British Pound fell back from a high of 1.5544 during the European trade as the economic docket reinforced a weakened outlook for future growth, but the GBP/USD appears to have found intraday ... more...

Pound Weakens; Investors Cite Worries over Austerity Measures

25 Aug 2010 16:40Forex Factory
This morning the GBP USD continued its downtrend by breaking a minor .618 retracement level at 1.5457. Buyers stepped in to rally the Sterling, but the buying power wasn't strong enough to post a ... more...
jehnavi
1 CommentNovice 0  0
02 Mar 10 22:25
GBP/AUD has been in a strong up trend since its September breakout from a tight consolidation reaching a high of 2.7062 on October 8th. Fibonacci support begins at the 38.2% level near 2.4515, the 50% level at 2.3698 and the 61.8% support level comes in at 2.2882. For you Elliott wave fans, the daily chart looks to be consolidating in a complex wave 4 correction that is forming a pennant in an uptrend. Usually, pennants in up trends break to the upside. A measuring objective would take us into the 2.8000 area and beyond.

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