Search Results for: BP
Technical Analysis GBP/USD backed up by 2009 highs
July 23rd, 2014
Pair’s Outlook As long as the support at 1.7054/19 remains intact, there is a good chance the bullish momentum of the Cable is going to be restored and the rate will eventually rise up to 1.74. Conversely, if this ...
Technical Analysis GBP/USD is looking for support at 1.7042
July 22nd, 2014
Pair’s Outlook The resistance at 1.74 remains a viable target, given the signals of the monthly technical indicators (four are bullish and four are neutral). However, the support at 1.7042 (2009 high) has to prevent further development of the ...
Technical Analysis GBP/USD grinds lower
July 21st, 2014
Pair’s Outlook There are less and less arguments in favour of a rally. First, the currency pair has been failing to make any meaningful progress for the last three weeks. Second, there is a decreasing number of technical indicators ...
Technical Analysis GBP/USD stays directionless
July 18th, 2014
Technical Analysis GBP/USD for July 18, 2014 Pair’s Outlook Even though volatility of GBP/USD increased this week, none of the significant levels have been breached yet. According to the technical indicators, the Pound should eventually gain bullish momentum and ...
Technical Analysis GBP/USD wallows beneath 1.72
July 17th, 2014
Technical Analysis GBP/USD 17/07/2014 Pair’s Outlook Although at the beginning of the week it seemed that GBP/USD has finally received a strong upward impetus after a test of the 2009 peak, the pair remains unable to surpass this month’s ...
Technical Analysis GBP/USD rebounds from 1.7042
July 16th, 2014
Technical Analysis EUR/USD for 16/07/2014 Pair’s Outlook As soon as the price dropped down to the 2009 high, the bulls became active and subsequently pushed the Cable through some of the nearest resistances. Judging by the technical indicators, the ...
U.S. court revives BP retirement-plan suit filed after oil spill
July 16th, 2014
A U.S. appeals court on Tuesday revived a lawsuit in which participants in four BP Plc employee retirement savings plans alleged they were deceived into buying and holding BP stock before and after the 2010 Deepwater Horizon disaster. The ...
Technical Analysis GBP/USD approaches 2009 peak
July 15th, 2014
Technical Analysis GBP/USD for July 15, 2014 Pair’s Outlook The Cable is coming off the recent highs, seeking support that could help restore the lost bullish momentum. The nearest such level is 1.7094/81—weekly S1 and 20-day SMA, but we ...
EUR and GBP Are Committed To CFTC Reports
July 14th, 2014
The world has been spoiled by the beautiful game for the past four weeks, and yesterday’s final, although not a classic, the most consistent team was crowned champion. Football was the winner along with sportsmanship. Can the markets now ...
GBP/USD Daily Forecast: July 14
July 14th, 2014
GBP/USD Forecast The GBP/USD was indecisive last week. Overall I still prefer a bullish scenario at this phase but the bias remains neutral in nearest term. Immediate support remains around 1.7115 followed by 1.7060. On the upside, we need ...
