You are here:

Home
» News
» GBP/USD Analysis

GBP/USD-market strategy indicates buying levels from the $1.4982

Technical oscillators supporting the bullish trend for the currency pair

Tammy Wally
12 March 2010

Add to bookmark:

Send to a friend

Print this article

GBP/USD-market strategy indicates buying levels from the $1.4982
Technical oscillators supporting the bullish trend for the currency pair.
To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MACD lines are in a bullish direction. In order to find the power of the market, we use RSI (Relative Strength Index).With RSI; we can determine that the market is in a bullish direction. Also, MA oscillators indicate a bullish cross on the short MA line. Selling from $1.5092 on a break.

GBP/USD 10-3-10

Finotec Analysis Team
12 March 2010

The market review and analysis content on this site, including news, quotes, data and other information, is provided for your personal information only, and is not intended as a recommendation for trading purposes. Content on this site does not provide any form of advice (investment, tax, legal) amounting to investment advice, or make any recommendations regarding particular financial instruments, investments or products. Finotec does not provide investment advice or recommendations to buy or sell securities.

Survey

Will the Fed policy of cutting interest rates help the U.S. emerge from recession?

Read the latest GBP/USD Analysis Reports:

GBP/USD-market strategy indicates buying levels from the $1.4983

Technical oscillators supporting the bullish trend for the currency pair

GBP/USD-market strategy indicates buying levels from the $1.5011

Technical oscillators supporting the bullish trend for the currency pair

GBP/USD-market strategy indicates buying levels from the $1.5092

Technical oscillators supporting the bullish trend for the currency pair

Real Time Forex Quotes

Contract	Bid	Ask	Time	Change
GBP/USD	1.5191	1.5192	19:32:24	0.01%

New Traders

Active Traders

Partnerships

First name
Last Name
Email Address
Country
Telephone Number: ^Country ^Number
Currency
ReferrerID(optional)

I hereby also consent to the receipt of any and all promotional materials and advertisements delivered to me from Finotec, or any of its related and affiliated companies, via e-mail, SMS messages, facsimile and/or automated telecommunications systems.

Forex Trading Videos

Watch the Finotec trading videos and learn the basics of online forex trading.

Real Time Forex Calendar

Event Date

Employment (Q-o-Q)(Eurozone)	15.03.2010 10:00
Employment (Y-o-Y)(Eurozone)	15.03.2010 10:00
Labor Cost (Q-o-Q)(Italy)	12.03.2010 09:00
Labor Cost (Y-o-Y)(Italy)	12.03.2010 09:00
Labor Productivity (Q-o-Q)(Canada)	16.03.2010 13:30
Unemployment Rate(Greece)	18.03.2010 10:00
Industrial Production (Q-o-Q)(Switzerland )	18.03.2010 08:15
Industrial Production (Y-o-Y)(Switzerland )	18.03.2010 08:15
Current Account Balance - BoP($/United States)	18.03.2010 13:30
PPI (Y-o-Y)(Hong Kong)	12.03.2010 09:15
Manufacturing Production (Y-o-Y)(Hong Kong)	12.03.2010 09:15
Dwelling Starts(Australia)	17.03.2010 00:30
CPI (Q-o-Q)(New Zealand)	19.03.2010 21:45
CPI (Y-o-Y)(New Zealand)	19.03.2010 21:45
Current Account Balance - BoP(€/Netherland)	17.03.2010 05:00
Financial Account Balance - BoP(€/Netherland)	17.03.2010 05:00
Interest Rate Decision(Iceland)	17.03.2010 09:00
Interest Rate Decision(Brazil )	17.03.2010 20:00
Unemployment Rate(Canada)	12.03.2010 12:00
Net Change in Employment(Canada)	12.03.2010 12:00
Industrial Production (M-o-M)(Netherland)	16.03.2010 08:30
Trade Balance(€/Slovenia)	12.03.2010 09:30
Exports(€/Slovenia)	12.03.2010 09:30
Imports(€/Slovenia)	12.03.2010 09:30
Industrial Production (M-o-M)(Malta)	12.03.2010 10:00
Industrial Production (Y-o-Y)(Malta)	12.03.2010 10:00
Industrial Production (Y-o-Y)(Greece)	12.03.2010 10:00
Trade Balance(€/Finland)	12.03.2010 07:00
Exports(€/Finland)	12.03.2010 07:00
Imports(€/Finland)	12.03.2010 07:00
Exports(€/Slovakia)	12.03.2010 08:00
Imports(€/Slovakia)	12.03.2010 08:00
Trade Balance(€/Slovakia)	12.03.2010 08:00
Retail Sales (M-o-M)(Singapore)	15.03.2010 05:00
Retail Sales (Y-o-Y)(Singapore)	15.03.2010 05:00
Retail Sales (Y-o-Y)(Finland)	15.03.2010 07:00
Coincidence Index(UK)	16.03.2010 10:00
Leading Index(UK)	16.03.2010 10:00
CPI (M-o-M)(Spain)	12.03.2010 08:00
CPI (Y-o-Y)(Spain)	12.03.2010 08:00
CPI Excl. Tobacco (M-o-M)(Spain)	12.03.2010 08:00
CPI - EU Harmonised (Y-o-Y)(Spain)	12.03.2010 08:00
Current Account Balance - BoP(CZK/Czech Republic)	12.03.2010 08:00
Capital Account Balance - BoP(CZK/Czech Republic)	12.03.2010 08:00
Financial Account Balance - BoP(CZK/Czech Republic)	12.03.2010 08:00
Exports(€/Netherland)	15.03.2010 08:30
Imports(€/Netherland)	15.03.2010 08:30
Trade Balance(€/Netherland)	15.03.2010 08:30
Retail Trade (Y-o-Y)(Netherland)	16.03.2010 08:30
Industrial Production (M-o-M)(Eurozone)	12.03.2010 10:00
Industrial Production (Y-o-Y)(Eurozone)	12.03.2010 10:00
Current Account Balance - BoP(€/Romania)	12.03.2010 05:00
Current Account Balance - BoP(€/Poland)	12.03.2010 13:00
Capital Account Balance - BoP(€/Poland)	12.03.2010 13:00
Financial Account Balance - BoP(€/Poland)	12.03.2010 13:00
M3 Money Supply (M-o-M)(Poland)	12.03.2010 13:00
New Motor Vehicle Sales (M-o-M)(Canada)	15.03.2010 13:30
New Motor Vehicle Sales (Y-o-Y)(Canada)	15.03.2010 13:30
Business Inventories (M-o-M)(United States)	12.03.2010 15:00
Business Sales (M-o-M)(United States)	12.03.2010 15:00
Retail Sales (M-o-M)(United States)	12.03.2010 13:30
Retail Sales - Ex. Auto (M-o-M)(United States)	12.03.2010 13:30
Wholesale Price Index (Y-o-Y)(India)	15.03.2010 05:00
CPI (Y-o-Y)(Finland)	15.03.2010 07:00
CPI (M-o-M)(Finland)	15.03.2010 07:00
CPI - EU Harmonised (M-o-M)(Finland)	15.03.2010 07:00
CPI - EU Harmonised (Y-o-Y)(Finland)	15.03.2010 07:00
Industrial Production (Y-o-Y)(Hungary)	17.03.2010 08:00
Current Account Balance - BoP(€/Finland)	15.03.2010 08:00
Financial Account Balance - BoP(€/Finland)	15.03.2010 08:00
PPI (M-o-M)(Czech Republic)	15.03.2010 08:00
PPI (Y-o-Y)(Czech Republic)	15.03.2010 08:00
Retail Sales (M-o-M)(Czech Republic)	16.03.2010 08:00
Retail Sales (Y-o-Y)(Czech Republic)	16.03.2010 08:00
Imports(€/Italy)	18.03.2010 09:00
Exports(€/Italy)	18.03.2010 09:00
Trade Balance(€/Italy)	18.03.2010 09:00
Trade Balance EU(€/Italy)	18.03.2010 09:00
Imports (Y-o-Y)(NOK/Norway)	15.03.2010 09:00
Exports (Y-o-Y)(NOK/Norway)	15.03.2010 09:00
Trade Balance(NOK/Norway)	15.03.2010 09:00
Capital Account Balance - BoP(€/Bulgaria)	15.03.2010 05:00
Current Account Balance - BoP(€/Bulgaria)	15.03.2010 05:00
Financial Account Balance - BoP(€/Bulgaria)	15.03.2010 05:00
Producer (Switzerland )	15.03.2010 08:15
Producer (Switzerland )	15.03.2010 08:15
Exports(€/Cyprus)	12.03.2010 10:00
Imports(€/Cyprus)	12.03.2010 10:00
Trade Balance(€/Cyprus)	12.03.2010 10:00
Manufacturing Shipments (M-o-M)(Canada)	16.03.2010 13:30
Empire State Mfr Index - Business Condition(United States)	15.03.2010 13:30
Empire State Mfr Index - Prices Paid(United States)	15.03.2010 13:30
Empire State Mfr Index - Prices Received(United States)	15.03.2010 13:30
Net Long-term TIC Flows($/United States)	15.03.2010 14:00
Total Net TIC Flows($/United States)	15.03.2010 14:00
PPI (M-o-M)(Finland)	17.03.2010 07:00
PPI (Y-o-Y)(Finland)	17.03.2010 07:00
CPI (M-o-M)(France)	16.03.2010 07:45
CPI (Y-o-Y)(France)	16.03.2010 07:45
CPI - EU Harmonised (M-o-M)(France)	16.03.2010 07:45
CPI - EU Harmonised (Y-o-Y)(France)	16.03.2010 07:45
CPI (NIC incl. tobacco) (M-o-M)(Italy)	16.03.2010 09:00
CPI (NIC incl. tobacco) (Y-o-Y)(Italy)	16.03.2010 09:00
CPI - EU Harmonised (M-o-M)(Italy)	16.03.2010 09:00
CPI - EU Harmonised (Y-o-Y)(Italy)	16.03.2010 09:00
CPI - EU Harmonised (M-o-M)(Malta)	16.03.2010 10:00
CPI - EU Harmonised (Y-o-Y)(Malta)	16.03.2010 10:00
Housing Starts (M-o-M)(United States)	16.03.2010 13:30
Building Permits (M-o-M)(United States)	16.03.2010 13:30
Import Price Index (M-o-M)(United States)	16.03.2010 13:30
Exports (M-o-M)(United States)	16.03.2010 13:30
Industrial Production (M-o-M)(United States)	15.03.2010 14:15
Capacity Utilization (M-o-M)(United States)	15.03.2010 14:15
PPI (M-o-M)(United States)	17.03.2010 13:30
PPI (Y-o-Y)(United States)	17.03.2010 13:30
Core PPI (M-o-M)(United States)	17.03.2010 13:30
CPI (M-o-M)(United States)	18.03.2010 13:30
CPI (Y-o-Y)(United States)	18.03.2010 13:30
Core CPI (M-o-M)(United States)	18.03.2010 13:30
Core CPI (Y-o-Y)(United States)	18.03.2010 13:30
Leading Index(United States)	18.03.2010 15:00
Lagging Index(United States)	18.03.2010 15:00
Coincidence Index(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Business Condition(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Prices Paid(United States)	18.03.2010 15:00
Philly Fed's Mfr Index - Prices Received(United States)	18.03.2010 15:00
GDP (Q-o-Q)(Germany)	12.03.2010 07:00
GDP (Y-o-Y)(Germany)	12.03.2010 07:00
CPI - EU Harmonised (M-o-M)(Slovakia)	16.03.2010 08:00
CPI - EU Harmonised (Y-o-Y)(Slovakia)	16.03.2010 08:00
CPI - EU Harmonised (M-o-M)(Iceland)	17.03.2010 10:00
CPI - EU Harmonised (Y-o-Y)(Iceland)	17.03.2010 10:00
CPI (M-o-M)(Eurozone)	16.03.2010 10:00
CPI (Y-o-Y)(Eurozone)	16.03.2010 10:00
Core CPI (Y-o-Y)(Eurozone)	16.03.2010 10:00
Industrial Production (Y-o-Y)(Romania)	12.03.2010 08:00
Univ. of Mich. Consumer Confidence Index(United States)	12.03.2010 14:55
PPI (M-o-M)(Lativia)	19.03.2010 11:00
PPI (Y-o-Y)(Lativia)	19.03.2010 11:00
Wholesale Price Index (M-o-M)(Germany)	12.03.2010 07:00
Wholesale Price Index (Y-o-Y)(Germany)	12.03.2010 07:00
Industrial Production (Y-o-Y)(Mexico)	12.03.2010 15:00
Current Account Balance - BoP(€/France)	12.03.2010 07:45
CPI (M-o-M)(Bulgaria)	12.03.2010 08:00
CPI (Y-o-Y)(Bulgaria)	12.03.2010 08:00
CPI - EU Harmonised (M-o-M)(Bulgaria)	12.03.2010 08:00
CPI - EU Harmonised (Y-o-Y)(Bulgaria)	12.03.2010 08:00
Official Foreign Reserves($/India)	12.03.2010 05:00
CPI (M-o-M)(Austria)	16.03.2010 09:00
CPI (Y-o-Y)(Austria)	16.03.2010 09:00
CPI - EU Harmonised (M-o-M)(Austria)	16.03.2010 09:00
CPI - EU Harmonised (Y-o-Y)(Austria)	16.03.2010 09:00
Wholesale Sales (Y-o-Y)(Canada)	17.03.2010 13:30
Interest Rate Decision(United States)	16.03.2010 19:15
Official Foreign Reserves($/Mexico)	17.03.2010 05:00
Rightmove House Prices (M-o-M)(UK)	15.03.2010 00:01
Rightmove House Prices (Y-o-Y)(UK)	15.03.2010 00:01
DCLG UK House Prices (Y-o-Y)(UK)	15.03.2010 09:30
Monetary Policy Meeting Minutes(UK)	17.03.2010 09:30
CBI Monthly Industrial Trends(UK)	18.03.2010 11:00
Tokyo Condominium Sales (Y-o-Y)(Japan)	15.03.2010 05:00
Machine Tool Orders (Y-o-Y)(Japan)	16.03.2010 06:00
Tertiary Industry Index (M-o-M)(Japan)	16.03.2010 23:50
BSI Large All Industry (Q-o-Q)(Japan)	17.03.2010 23:50
BSI Large Manufacturing (Q-o-Q)(Japan)	17.03.2010 23:50
Exports (M-o-M)(Switzerland )	18.03.2010 08:15
Imports (M-o-M)(Switzerland )	18.03.2010 08:15
Trade Balance(CHF/Switzerland )	18.03.2010 08:15
Trade Balance(LVL/Lativia)	12.03.2010 05:00
Imports(LVL/Lativia)	12.03.2010 05:00
Exports(LVL/Lativia)	12.03.2010 05:00
Unemployment Rate(Greece)	12.03.2010 10:00
Industrial Production (M-o-M)(Japan)	12.03.2010 04:30
Capacity Utilization (M-o-M)(Japan)	12.03.2010 04:30
Industrial Production (Y-o-Y)(Japan)	12.03.2010 04:30
Industrial Production (Y-o-Y)(India)	12.03.2010 05:00
EIA Natural Gas Inventory (Cubic Feet)(United States)	18.03.2010 15:30
Initial Jobless Claims(United States)	18.03.2010 13:30
Continuing Claims(United States)	18.03.2010 13:30
EIA Crude Oil Inventory (Barrels)(United States)	17.03.2010 15:30
EIA Crude Oil Price($/United States)	17.03.2010 06:00
ABC News Consumer Confidence Index(United States)	16.03.2010 10:00
MBA Mortgage Applications(United States)	17.03.2010 12:00
Consumer Confidence Index(Japan)	15.03.2010 06:00
Consumer Confidence Households(Japan)	15.03.2010 06:00
NAHB/Wells Fargo Housing Market Index(United States)	15.03.2010 18:00
Monetary Policy Meeting Minutes(Australia)	16.03.2010 01:30
Non Resident Bond Holdings(New Zealand)	16.03.2010 03:00
CPI (Y-o-Y)(Poland)	15.03.2010 13:00
ZEW Survey (Current Situation)(Germany)	16.03.2010 11:00
ZEW Survey (Econ. Sentiment)(Germany)	16.03.2010 11:00
ZEW Survey (Current Situation)(Eurozone)	16.03.2010 11:00
ZEW Survey (Econ. Sentiment)(Eurozone)	16.03.2010 11:00
Wages (Y-o-Y)(Poland)	16.03.2010 13:00
FOMC Meeting(United States)	16.03.2010 15:00
EU 25 New Car Registrations(Eurozone)	16.03.2010 08:00
Official Foreign Reserves($/India)	19.03.2010 05:00
Interest Rate Decision(Japan)	17.03.2010 05:00
Industrial Production (Y-o-Y)(Poland)	17.03.2010 14:00
PPI (Y-o-Y)(Poland)	17.03.2010 14:00
Foreign Exchange Transaction(A$/Australia)	18.03.2010 03:00
Consumer Confidence Index(New Zealand)	18.03.2010 03:00
M4 Money Supply (M-o-M)(UK)	18.03.2010 10:30
M4 Money Supply (Y-o-Y)(UK)	18.03.2010 10:30
ZEW Survey (Expectations)(Switzerland )	18.03.2010 11:00
Visitor Arrivals(New Zealand)	18.03.2010 22:45
Credit Card Spending (Y-o-Y)(New Zealand)	19.03.2010 03:00
Labor Cost (Y-o-Y)(Eurozone)	17.03.2010 11:00
Wages (Q-o-Q)(France)	19.03.2010 08:45
PPI (M-o-M)(Germany)	19.03.2010 08:00
PPI (Y-o-Y)(Germany)	19.03.2010 08:00
Consumer Spending (Y-o-Y)(Netherland)	19.03.2010 09:30
Interest Rate Decision(Mexico)	19.03.2010 15:00
Westpac Consumer Confidence(New Zealand)	17.03.2010 02:00
Westpac Leading Index (M-o-M)(Australia)	17.03.2010 00:30
Performance of Services Index(New Zealand)	15.03.2010 22:30
Current Account Balance - BoP(€/Portugal)	12.03.2010 05:00
Capital Account Balance - BoP(€/Portugal)	12.03.2010 05:00

Get Finotec's Forex Calendar on your e-mail organizer. See how on our Economic Calendar Import Guide

Online Forex Trading FAQs

Expert Analyses

Trading in Foreign Exchange, CFDs, Options, Futures, Commodities and engaging in financial products carries a high degree of risk to your capital and it is possible to lose more than your initial investment. You should only speculate with money that you can afford to lose. These products may not be suitable for all investors, therefore please ensure that you fully understand the risks involved and seek independent advice if necessary. Finotec Trading UK Ltd is authorized and regulated by the Financial Services Authority.

FSA Register Number [470392]

Please read our full Disclaimer and Risk Warning.

Finotec Trading UK, 68 Great Eastern Street, London, EC2A 3JT, United Kingdom

GBP/USD-market strategy indicates buying levels from the $1.4982

Survey

Will the Fed policy of cutting interest rates help the U.S. emerge from recession?

Read the latest GBP/USD Analysis Reports:

Real Time Forex Quotes

Login to Your Finotec Account

Forex Trading Videos

Real Time Forex Calendar

Online Forex Trading FAQs

Expert Analyses