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GBP/USD Analysis

The pair closed in NY at $1.5733 after rate had recovered off earlier traded lows of $1.5652 to

The move lower continued for the index Thursday with

The pair ended NY session at $1.2410 after having dealt a range of $1.2370 to $1.2495.

The pair traded in a narrow range Friday with just a $0.8241 to $0.8282 range so far in Asia.

The pair opened at Y118.65 in Asia Friday having dealt a NY range of Y118.26 to Y119.56.

The NZD surged higher after the RBNZ meeting yesterday morning,

Prices clearly broke into and tested the low end of the congestion zone near 117.25.

The Euro resolved higher from a bullish falling wedge.

The USD is mixed into the open. The Asian and European sessions were central bank focused

The euro is forging some impressive action this week and that is partially the result of

Down-trend channel resistance in the December Swiss today is seen at

The Yen rally has probably seen its corrective bounce and