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[COLOR=#444444][FONT=Arial][B]The British pound enjoyed another strong week, gaining over one cent against the US dollar. GBP/USD pushed above the 1.52 level, closing at 1.5229. There are nine releases in the upcoming week, highlighted by Current Account. [/B][B]Here is an outlook of the events and an updated technical analysis for GBP/USD.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]The pound took advantage of positive British data late last week. Retail Sales jumped 2.1%, its sharpest rise since March 2010. As well, Public Sector Net Borrowing posted a much smaller deficit than expected.[/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]GBP/USD graph with support and resistance lines on it. Click to enlarge: [URL="http://www.forexcrunch.com/wp-content/uploads/2013/03/GBP-USD-Forecast-Mar-25-292.png"][IMG]http://www.forexcrunch.com/wp-content/uploads/2013/03/GBP-USD-Forecast-Mar-25-292-350x196.png[/IMG][/URL][/FONT][/COLOR] ...

[COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/usd-jpy-forecast/"]Dollar/yen[/URL] suffered from a second consecutive week of falls. Is it getting comfortable in the range, or can we expect a move higher anytime soon? Retail sales, Household spending and inflation data are the major events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]Haruhiko Kuroda began working as the governor of the BOJ, but hasn’t announced any steps quite yet. In the US,[URL="http://www.forexcrunch.com/fed-leaves-policy-unchanged-modest-changes-in-statement/"]Ben Bernanke and his colleagues made no change to policy[/URL], ...

[COLOR=#444444][FONT=Arial][B][URL="http://www.forexcrunch.com/category/forex-weekly-outlook/eur-usd-outlook/"]EUR/USD[/URL] was trading under a lot of pressure as the crisis in Cyprus dominated the news. This story continues evolving and will impact the pair also in the upcoming week. In addition, German retail sales, unemployment are the major event this week. Here is an outlook on the main market-movers ahead and an updated technical analysis for EUR/USD.[/B][/FONT][/COLOR]
[COLOR=#444444][FONT=Arial]The most recent news from Cyprus is that a big haircut will be imposed on accounts above 100K. Even if the EU still sticks to insuring accounts of under 100K, [URL="http://www.forexcrunch.com/cyprus-drama-continues-as-bank-levy-still-not-approved/"]a ...

[B]Simultaneous Release at
TheGeekKnows.com [URL="http://thegeekknows.com/"]Learn Forex Trading[/URL] and read exclusive [URL="http://thegeekknows.com/"]EUR/USD Forecast[/URL] and [URL="http://thegeekknows.com/"]AUD/USD Forecast[/URL] Reviews.[/B]

Good day forex traders.

In the previous AUD/USD forecast we noted on the positivity of sentiments as the US Non-Farm payroll impresses. Should nothing fundamental changes, we might see 1.0440 as a bullish target for the currency pair.

[I]AUD/USD Chart[/I]

[B]Technical Analysis[/B]

Looking at the AUD/USD daily chart above we do noted that the 1.0440 target was hit. I love it when my charts work !
The currency ...