2013.02.21 : Major historical support for the GBP/USD
EUR/USD
The pair encountered strong resistance at the 1.3430 level and dropped for almost the entire duration of yesterday’s trading session, returning below 1.3400 and under the down trend line seen on the four hour chart below.
Technical Outlook
Fundamental Outlook
GBP/USD
The bears had a huge victory yesterday, driving the pair about 170 pips lower and breaking important support levels on the back of more quantitative easing (QE) talks.
Technical Outlook
Fundamental Outlook