Daily Insight

TorFX is a leading foreign exchange broker, offering ultra competitive exchange rates for currency transfers, and an in-depth analysis of the foreign exchange markets. Our customers benefit from an unrivalled personal service and substantial savings.

02 December 2005

Sterling continued to rally against the Euro yesterday...

Sterling continued to rally against the Euro yesterday, and the dollar remained firm as US manufacturing figures met expectations. We have a quieter day today, with non-farm payrolls the only big piece of data, at 13:30.

GBP EUR - Support 1.4738 then 1.4700
Resistance 1.4795/00 then 1.4830

GBP USD - Support 1.7260 then 1.7200
Resistance 1.7315 then 1.7349

DATA: Non-farms at 13:30

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