GBP Recovery Against The US Dollar

The Sterling's recovery against the Dollar from 1.5830 in the European session has continued after the US opening bell to break 1.5910 previous resistance and MA55 periods in the 60 minutes chart at 1.5960 to reach fresh intra-day high at 1.5990.

Currently the pair is trading around 1.5960/70, rising 0.40% so far today from opening price action at 1.5900.

According to Andrew Wilkinson, analyst in Interactive Brokers, Gordon Brown, Prime Minister in UK, has undermined the pound with his recent speech.

The Ultimate Trader Champion

Win Cash Prizes

ForexGen has the pleasure to announce the launching of the ultimate trader champion on the first of every month.

Interested clients who wish to participate in this event shall send an e-mail request on contest@forexgen.comThis e-mail address is being protected from spam bots, you need JavaScript enabled to view it including the following information:

• Full name
• Phone number

Also provide us with the following identification document:

" Certified copy of the information pages of account holder current valid passport or government issued photo ID"

After we receive your request we will provide you with further details and with your ForexGen demo account login information which will be used in the trading contest.

This Forex contest for the current month will starts on Sunday 20-12-2009 at 10 pm GMT and ends on Thursday 31-12-2009 at 10 pm GMT.

For more information about our current and future promotions, kindly contact one of our customers support agents at promotions@forexgen.com

ForexGen Live Account

The live/real account is provided to those clients who may have some experience in the online trading.

[Opening an Account Online]

The quickest, easiest and secure way to open a ForexGen trading account is online. Complete and submit your application online in just a few minutes.

ForexGen.com is an online trading service provider supplying a unique and individualized service to Forex traders worldwide. We are dedicated to absolutely provide the best online trading services in the Forex market.

ForexGen provides a unique online trading experience based on our intelligent online Forex trading package, the ForexGen Trading Station, including the best online trading system.