NEW YORK, January 9 (FinanceEnquiry.com) - As per the technical, the GBP/USD pair is expected to consolidate at 1.5345 in an attempt to stabilize and start to recover from there, while a rally is likely to stay for a short period. The initial resistance and support level may be cited at 1.5671 and 1Read more..

With an unexpected rise in the German business confidence, Euro has performed considerably better and has attained the one-week high position. As a result, the concern associated to the region’s debt crisis has decreased.The Euro has grown Wednesday along with the Asian stocks. During its revival stRead more..