GBP is now a 100% rated buy on the UK xhange. Was up 13% overnight as well, which reflects why we are up today as well.
below is a commentary on GBP as of 12th of Jan 2011.
Settlement as of 12/01/2011, at 5:45 p.m.
Great day for Global Pet. Npv as it posts rise of +10.53%. After a weak start to the day at 9.38, above the prior session's low, we saw steady growth as trading continued. The weekly analysis of the security and the UK FTSE All Share shows Global Pet. Npv losing relative strength against the index.
Status and Trend Analysis
Global Pet. Npv's short-term trend is bullish with resistance seen at 10.83, while the most immediate support is at 9.83. Expect a strong continuation of the uptrend towards the 11.83 level (green line in the chart).
Risk Analysis
Here is an investment for risk-loving investors, who will choose to venture large sums despite the security's high daily volatility of 4.95. With daily volume equalling 1,425,530, above the moving average of 179,422, Global Pet. Npv is clearly attracting interest in the market.