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Thursday, 13 September 2007

Analysis for Gbp/Usd based at Eur/Gbp pair

Posted by FX at 00:10 Thursday, 13 September 2007
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Yesterday, we saw a different movement for Gbp/Usd and Eur/Usd. Eur/Usd has broken its highest level resistant at 1.3849 which was reached at 24/07/2007 but Gbp/Usd didn't do the same thing. Gbp/Usd just sit between level 2.0286 - 2.0363. We can check the Eur/Gbp pair to see what is going on between both of currencies.From the attachment picture, we can see that Eur is stronger than Gbp in this

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