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Day: February 22, 2014
February 222014
Pound Retreats After Week of Gains
This week was not particularly good for the Great Britain pound. The currency was flat versus the Japanese yen, which itself was very weak, and fell against other major currencies, including the US dollar and the euro. The sterling started the week soft due to fundamental data that was not particularly good. The currency extended losses as the minutes of the latest Bank of England monetary policy meeting showed that UK policy […]
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February 222014
Forex Technical Analysis for Week 02/24â02/28
Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd Res EUR/USD 1.3604 1.3645 1.3691 1.3732 1.3779 1.3819 1.3866 GBP/USD 1.6349 1.6481 1.6559 1.6691 1.6769 1.6900 1.6978 USD/JPY 100.25 100.82 101.69 102.26 103.13 103.70 104.57 EUR/JPY 137.16 138.05 139.48 140.37 141.79 142.68 144.11 GBP/JPY 166.63 167.92 169.28 170.58 171.93 […]
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