British Pound Hong Kong Dollar Forex Trading Report .

Currency Market Summary: British Pound / Hong Kong Dollar

Market Prices
Open	12.1089 ↑
High	12.1437 ↑
Low	12.0727 ↑
Close	12.1089 ↑
Change	+0.0017 +0.01%
FX Market summary In the previous market session British Pound / Hong Kong Dollar closed higher, up +0.0017 points. [CloseUp] GBP/HKD has made a new 50 day high. [50DayHigh, 20DayHigh, 5DayHigh] The FX rate GBP/HKD has rallied. [Rally]

Trading Levels
Resistance 3	12.1978
Resistance 2	12.1769
Resistance 1	12.1429
Close	12.1089
Support 1	12.0749
Support 2	12.0409
Support 3	12.0200
Forex Trading Signals The market stayed below resistance level 1[ResHeld] GBP/HKD stayed above support level 1. [SupHeld] The market closed the session between support and resistance levels one. [SupCloseRes]

50 day high	20 day high	5 day high	5 day low	20 day low	50 day high
12.1437	12.1437	12.1437	11.7795	11.5838	11.1020

Moving Averages		Commentary
5 Day	12.0316	GBP/HKD remains above its 5 day moving average. [CloseMa5]. This has been the case for 4 days when the closing price at that time was 11.8583.
20 Day	11.8693	GBP/HKD remains above its 20 day moving average. [CloseMa20]. This has been the case for 32 days when the closing price at that time was 11.4853.
50 Day	11.7395	GBP/HKD remains above its 50 day moving average. [CloseMa50]. This has been the case for 25 days when the closing price at that time was 11.6397.

FX Technical Analysis: British Pound / Hong Kong Dollar

Moving Averages		Commentary
5 Day	12.0316	GBP/HKD remains above its 5 day moving average. [CloseMa5]. This has been the case for 4 days when the closing price at that time was 11.8583.
20 Day	11.8693	GBP/HKD remains above its 20 day moving average. [CloseMa20]. This has been the case for 32 days when the closing price at that time was 11.4853.
50 Day	11.7395	GBP/HKD remains above its 50 day moving average. [CloseMa50]. This has been the case for 25 days when the closing price at that time was 11.6397.

Stochastic		Commentary
Stochastic	92.78	The stochastic is overbought yet it continues to rise. [StocOB, StocRise] The move up has been in place for 3 days at a price of 11.9868.
Trigger	84.74

Stochastic RSI		Commentary
Stochastic RSI	71.05	The stochastic RSI continues to rise. [StocRSIRise] The move up has been in place for 2 days when the price was 12.0243.
Trigger	59.20

Ichimoku Kinko Hyo Commentary
The Ichimoku Kinko Hyo trading system for British Pound / Hong Kong Dollar is in bullish mode and it has been like this for 25 days. The closing price at the time the buy signal was generated was 11.6397. [IchiBullish]

Forex Trading Signals

FX Trading Signals - Technical Analysis signals recently generated.

GBP/AUD: [20 DMA Bullish Cross]

GBP/CHF: [Ichimoku Kinko Hyo Sell Close]

CHF/AUD: [5 DMA Bullish Cross] [50 DMA Bullish Cross] [Stochastic Oversold Buy]

USD/DKK: [Inside Day]

USD/INR: [Swing Sell]

Forex News

Foreign Exchange headlines.

Fri, 30 Jul 2010 09:40:22 GMT+00:00 EUR/USD Forex Market Moving News by AceTrader - Forex Factory

Fri, 30 Jul 2010 09:27:52 GMT+00:00 My Trading Strategy with Moving Averages Tunnel and RSI (Forex Education) - IBTimes

Fri, 30 Jul 2010 04:04:09 GMT+00:00 Japan's Noda: watching forex market closely - Reuters

Thu, 29 Jul 2010 20:27:16 GMT+00:00 WORLD FOREX: Euro Hits Near 12-Week High Vs Dollar; US Economy Weighs - Wall Street Journal

Thu, 29 Jul 2010 16:20:50 GMT+00:00 WORLD FOREX: Euro Falls From 11-Week High, Still Up On Dollar - Wall Street Journal

www.forex.co.uk

British Pound / Hong Kong Dollar Overview:

Currency Market Summary: British Pound / Hong Kong Dollar

FX Technical Analysis: British Pound / Hong Kong Dollar