The British Pound advanced against the greenback during the European session, with the exchange rate rising to a high of 1.6875 as the economic docket reinforced an improved outlook for the U.K however, the GBP/USD failed to hold ground as investors scaled back their appetite for risk ahead of the U.S. session.

Talking Points
• Japanese Yen: Strengthens on Risk Aversion
• Pound: Consumer Prices Rise More Than Forecast
• Euro: Trade Surplus Widens, Led...

US Dollar’s Future in the Hands of Speculators
Euro Remains Below 1.5050 - Is It a Double Top?
Japanese Yen Likely to Range Trade Against the US Dollar
British Pound Forecast Bullish Versus Euro but watch for BoE Surprises
Swiss Franc to Hold Range as SNB Pledges to Maintain Policy
Canadian Dollar Strength May Hinge on Break in Oil
Australian Dollar Looks To March Higher Absent Risk Aversion
New Zealand Dollar Fundamentals may Soon Overwhelm Risk...

EURUSD: Possible Double Top in Place Above 1.50
USDJPY: Prices Prepare to Test Trend-Defining Support
GBPUSD: Bullish Channel Threatened as Momentum Fades
USDCAD: Long Position Taken as Prices Yield Reversal Signal
AUDUSD: Technical Positioning Points to Double Top
NZDUSD: Bearish Reversal Building But Confirmation Needed

http://www.dailyfx.com/forex/technic...Towards_a.html

EURUSD – Euro Forecast to Decline versus US Dollar
GBPUSD – British Pound Forecast Turns Negative
USDJPY – Japanese Yen Likely to Rally Further versus US Dollar
USDCHF – Swiss Franc Expected to Gain
USDCAD – Canadian Dollar Forecast Bullish
GBPJPY – British Pound Forecast to Decline versus Japanese Yen

http://www.dailyfx.com/forex/technic...to_Bounce.html