Search Results for: BP
Technical Analysis GBP/USD undergoes correction
August 5th, 2014
Technical Analysis GBP/USD for August 05, 2014 Pair’s Outlook After an almost non-stop descent from 1.72 GBP/USD has finally formed a noticeable green candle. If the Sterling continues developing this correction, the immediate obstacle at 1.6879 will be unlikely ...
Technical Analysis GBP/USD targets monthly S1
August 4th, 2014
Technical Analysis GBP/USD for August 4, 2014 Pair’s Outlook The Greenback underperformed relative to most of its main counterparts last Friday, but it nonetheless managed to gain more ground against the Sterling. If this tendency continues, the support at ...
Technical Analysis GBP/USD fell through 100-day SMA
August 1st, 2014
Technical Analysis GBP/USD for August 01, 2014 Pair’s Outlook There is now little hope for the bulls, being that GBP/USD has broken most of its main supports. The monthly technical indicators may still remain positive, but, given the absence ...
Technical Analysis GBP/USD tries to find support at 1.69
July 31st, 2014
Technical Analysis GBP/USD for July 31, 2014 Pair’s Outlook There still seems to be a small chance for the Sterling to avoid further depreciation, as it is currently facing a number of strong supports. Apart from a long-term rising ...
Technical Analysis GBP/USD tests long-term up-trend
July 30th, 2014
Technical Analysis GBP/USD for July 30,2014 Pair’s Outlook The U.S. Dollar is strengthening, and there are less and less chances that GBP/USD will realise the bullish potential implied by the weekly and monthly technical studies. The monthly pivot point ...
Technical Analysis GBP/USD may rebound from 1.69
July 29th, 2014
Technical Analysis GBP/USD for Tuesday, July 29, 2014 Pair’s Outlook The Cable continues putting strong pressure on 1.6982/73, but for now the bulls stand their ground. Despite its importance, a breach of this area will not imply a significant ...
BP second-quarter profit increases 34 percent
July 29th, 2014
BP Plc reported a 34 percent rise in quarterly profit and said it would pay a dividend of 9.75 cents a share for the quarter ended June 30. Underlying replacement cost profit increased to $3.6 billion for the second ...
Technical Analysis GBP/USD upheld by 55-day SMA and monthly PP
July 28th, 2014
Technical Analysis GBP/USD for Monday, July 28, 2014 Pair’s Outlook GBP/USD is currently trying to find support in the face of the monthly PP and 55-day SMA, but there is a high probability of the price falling even lower. ...
Technical Analysis GBP/USD fell to 55-day SMA
July 25th, 2014
Pair’s Outlook Although a breach of the resistance on Jun 30 represented by the 2009 high was considered to be a bullish sign, in the end the Sterling proved to be unable to sustain a rally. Right now GBP/USD ...
GBP/USD erodes 1.7042/19
July 24th, 2014
Pair’s Outlook Apparently, GBP/USD is not willing to use the opportunity to rebound from the 2009 high. If the price falls beneath 1.7042/19, the dip will most likely extend down to 1.6973/50 (monthly PP and 55-day SMA). There will ...
