fxpulsation
Posts : 8759
Join date : 2012-01-25
 |  Subject: Pound Gained Amid Optimism Over Greece Aid, Trading Lower This Morning  Wed Nov 21, 2012 10:41 am | |
| Pound Gained Amid Optimism Over Greece Aid, Trading Lower This Morning For the 24 hours to 23:00 GMT, GBP rose 0.19% against the USD and closed at 1.5923, as investors hoped that the Euro-zone finance ministers would unlock Greece’s next tranche of bailout funds offsetting a downgrade on France by ratings agency Moody’s. In the Asian session, at GMT0400, the pair is trading at 1.5904, with the GBP trading 0.12% lower from yesterday’s close. The pair is expected to find support at 1.5890, and a fall through could take it to the next support level of 1.5876. The pair is expected to find its first resistance at 1.5927, and a rise through could take it to the next resistance level of 1.5950.  | |
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