Dollar Versus Franc and Pound February 27th

FX Strategy Video > Currency Pairs Analysis

USD/CHF fell again on Friday, and has broken below the 0.90 level. The pair is being influenced by the EUR/CHF however, so both pairs will need to be watched if you are to short this pair.

GBP/USD rose quickly during the session on Friday and smashed into the 1.58 - 1.59 level. The 1.60 above still looms large,and because of this we could see a return to consolidation down to the 1.5650 level. The breakout of this area is what is needed in order to make a real move. In the mean time, we are willing to play the range.

Published on 25th of February 2012
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