Technical Analysis Daily: GBP/USD
As a result of the BOE’s decision to lower interest rates with 50 b.p., to 1.5%, the Pound/Dollar increased sharply yesterday to the top 1.5372 and closed the day of 1.5214. Although the current short term upward impulse is quite significant, technically, it is too early to say that long…

AUD/USD Daily Outlook
No change in AUD/USD’s outlook. Bearish divergence condition in 4 hours MACD argues that rise from 0.6075 has completed at 0.7262. Further break of 0.6760 support will be another alert that rise from 0.6075, as well as consolidation from 0.6008 has completed. Short term outlook will then turn bearish for…

Paulson Updates on Government Efforts
Forex Technical Analysis Daily: GBP/USD As a result of the BOEs
strategist@dailyfx.com (Jonathan Lee, DailyFX Research)