U.K. Housing Data Boosts Pound’s Rally
The British pound had a positive performance before the weekend as both domestic and international scenario brought favorable news and consequently traders to purchase assets in the country, as a real estate report revived confidence towards U.K.
Pound Rises for 2nd Day Against Dollar as House Prices Jump
The pound climbed for a second day against the dollar on speculation this year’s drop was excessive as a report showed house prices rose at the fastest pace in seven years, mitigating concern about the economy.
Dollar slides to 1-mo low vs euro; sterling rises
The dollar dropped to a one-month low against the euro and a two-week trough against sterling on Friday, as investors pared back large bearish bets on the two European currencies following strong euro zone economic data.
Evening Signals 12/03/2010
EUR/USDBuy at 1.3771 SL 1.3731 TP 1.3801
GBP/USD
Buy at 1.5146 SL 1.5106 TP 1.5176
The 'Sterling Crisis' Increases Day by Day
It seems to be that the jury is still out on the prospects for the UK economy; there are still a few analysts that believe that the UK might suddenly motor ahead.
House prices return to 2007 levels
The average value of a property in England and Wales increased by 1.9% in February to levels recorded three years ago in April 2007.
Five key currency trades in a volatile market
The high levels of volatility in the currency markets are continuing to throw up a range of opportunities, and risks, for fund managers.
GBPUSD uptrend scenario has proven
Daily elliott analysis on GU
Forex signals 50 pips daily
Daily Signals - Friday, 13 Mar -2010 8:10 AMEUR/USD
Trend: Upward
Buy EUR/USD at 1.3710 SL 1.3670 TP 1.3740
GBP/USD
Trend: Upward
Buy GBP/USD at 1.5096 SL 1.5056 TP 1.5126
Technical Analysis for Major Currencies
The pair stabilized trading above resistance line for the short term descending channel that insures the suggested scenario yesterday. The new ascending channel will organize the current bullish intraday trend, supporting our expectations of a bu
UK homelessness falls by 72% despite economic downturn
The figures also show that 9430 households were accepted as homeless by local authorities between October to December 2009 - a 22% reduction compared to the same time last year.
Inflation Outlook Fuels Demand for British Pound
The British pound gained versus currencies from its main trading partners as odds that inflation will rise in the United Kingdom spurred demand for assets in the country, as it could lead to a series of interest rates by the Bank of England.


