Welcome to the FXReturn.com London Forex Market Call for July 29th.,2010. GBP/USD: Closes mid-range on the session as the market rejects the 1.5600 region. As long as the market trades above the 1.5469-1.5520 support cluster, A rally up to 1.6030 will ensue. A close below the 10 day average at 1.5392 will encourage selling down to pivot support at 1.5122. Technicals remain positive supporting higher prices on the British Pound | GOLD: Stabilizes after Tuesday's slide. The next downside objective is 1144.9. Resistance is at 1182.3. Technicals remain negative but are becoming oversold | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCallCreated with Camtasia Studio 5
Welcome to the FXReturn.com London Forex Market Call for July 28th.,2010. GBP/USD: Rallies over 100 points going into the close and through pivot resistance at 1.5520. The next upside objective is 1.6030. Support is at 1.5469. A close below 1.5469 could take the market back down to 1.5122. Technicals remain positive suggesting more upside in the next few trading sessions | GOLD: The downtrend continues with Gold down 22.00 going into the close. The next downside objective is 1144.9. Resistance is at 1186.9. Technicals are still showing signs of continued weakness | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCallCreated with Camtasia Studio 5
Welcome to the FXReturn.com London Forex Market Call for July 27th.,2010. GBP/USD: Closes on the highs of the session as the market pierces the 1.5469 area triggering buying into the 1.5520 region. A close above 1.5520 will signal a rally up to 1.6030 longer term. A failure of the 1.5469 level will encourage selling down to the 10 day average at 1.5269. Stochastics, however, have turned up signaling more upside ahead in the next few trading sessions | GOLD: Closes near the lows of the session as the 10 day average acts as major resistance to the market. The next downside objectives are 1174.9 then 1165.4. Technicals are starting to turn negative | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCallCreated with Camtasia Studio 5
Welcome to the FXReturn.com London Forex Market Call for July 26th.,2010. GBP/USD: Closes up 163 points on the session as traders have 1.5469 in their crosshairs. A piercing of that level will signal a rally up to 1.5520. If the market can close above 1.5520, 1.6030 will be the next long term objective. Technicals have turned back up confirming more upside ahead in this weeks trading. 1.5238 is major support | GOLD: Another failed attempt at 1200 takes Gold down just shy of 7.00. A close above 1200 will encourage more buying into the 1217.5 area while a close below 1184.1 will signal a longer term move down to 1165.4. There is a posssible bullish divergent formation on the stochastics. A close above 1200 will confirm the divergence | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCall Created with Camtasia Studio 5
Welcome to the FXReturn.com London Forex Market Call for July 23rd.,2010. GBP/USD: Closes on the highs of the session as the market reverses Wednesday's losses. Consecutive closes above 1.5238 will encourage more buying into the 1.5400 region. Conversely, if the market pierces 1.5122 this will spark more selling down to 1.4946. Technicals remain neutral with a downside bias | GOLD: Travels into the 1200 region only to reject that level. A close above 1200 will signal a rally up to 1217.5. A close below 1196.8 will keep the downtrend in tact with a downside objective of 1174.9 then 1165.4. It appears that bullish divergence is forming on the stochastics. A close above 1200 will confirm the divergence and a rally would ensue | Daily FX Forum visitors can sign up for our FREE Live Interactive Webinars and Live Trading Room at FXReturn.com as well as review our latest TON: Trade On News Plans for the upcoming week. Please click the following link to view our daily research: LondonMarketCall Created with Camtasia Studio 5





