Dollar Versus Loonie and Pound February 1st

FX Strategy Video > Currency Pairs Analysis

USD/CAD fell during the session on as the oil markets continue to go back and forth. The parity level continues to cause reactions in price, and this area should be one to watch. However.....there is mass confusion in this pair.

GBP/USD shot straight up to the 1.58 level on Tuesday, only to pullback before the session closed. The area has been massive resistance over the last several months, and the level is one to watch in general. If we get above it - we could go much higher. However.....there is a good chance 1.55 is hit before?

Published on 31st of January 2012
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