fall

According to the latest research from Analysys Mason, broadband pricing in Europe and the US dropped by €5 a month, on average, as broadband speeds went up by an average of 20% during the last year.

This drop in prices happened after a relatively flat period during the past recession, when prices held up.

GBP/ USD rally was unable to support Asian gains as, rising from early Tokyo levels of 1.3790 to highs of 1.3851, it was upheld by the short-squeeze in the EUR this session. Some attempts to break above 1.3850 failed and GBP/ USD dropped back to 1.3812. Stops are expected on a break under 1.3800 with support at 1.3760 but a move lower to 1.3500 is anticipated in the following sessions.