Pound Trades Closer to 1.7000 High From 2009


Forex Daily Analysis 1st May 2014

The Pound has been very well bid over the past several months against the buck, with Cable trading to major psychological barriers at 1.7000. However, if we look at the monthly chart going back to 2009, the story is much different and suggests this major pair could soon find a top around 1.7000, by this major multi-month range resistance.

$GBPUSD - Cable trending to major psychological barrier at 1.7000 via @jkonfx

Currency Pairs

Read more about these currency pairs.


Charts Show Big Lag in Commodity FX

We have been seeing a breakaway in FX, where the major currencies are perform...

Read & Watch

JKonFX Journal Performance 2016

+59.18%


+25.46% (2015) and +8.94% (2014)


Learn how to trade the Forex market.

Take a Tour

Euro Trying to Reassert

Tuesday's move in the Euro was a bit of a statement move. Here's why...

PRO