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GBP/USD daily outlook
Member Since Oct 02, 2014
909 posts
Sep 05, 2018 at 22:56
Member Since Dec 11, 2017
229 posts
Such high volatility around the GBP/Usd, Brexit uncertainty continues to be the main focus. The pair seems has lost its upward strength while still staying the positive territory. Support level can be found around 1.2870, on the upside resistance lies around 1.2980.
Member Since Dec 10, 2017
210 posts
Sep 08, 2018 at 15:42
Member Since Dec 10, 2017
210 posts
The British pound was down against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2916, losing 0.10%. I believe that support is now at around 1.2785, the minimum of Wednesday, and the resistance is likely at 1.3028, the high of Friday's trading.
Member Since Oct 02, 2014
909 posts
Member Since Dec 10, 2017
210 posts
Member Since Dec 10, 2017
210 posts
Member Since Oct 02, 2014
909 posts
Member Since Apr 17, 2013
2 posts
Sep 13, 2018 at 11:28
Member Since Apr 17, 2013
2 posts
Time = 11.03am London GMT
Interesting 6.50am sharp drop then 5 minutes later form a channel that its been trending upwards in for the last 4 hours (5min charts). Not much momentum, Interest rate decision in an hour (which will keep rates on hold).
For no reason I can see an upward break to 1.3090 (R1) before it bounces back lower to Pivot of 1.3035 😄
Interesting 6.50am sharp drop then 5 minutes later form a channel that its been trending upwards in for the last 4 hours (5min charts). Not much momentum, Interest rate decision in an hour (which will keep rates on hold).
For no reason I can see an upward break to 1.3090 (R1) before it bounces back lower to Pivot of 1.3035 😄
Member Since Aug 10, 2018
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Member Since Dec 10, 2017
210 posts
Member Since Dec 10, 2017
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Member Since Sep 01, 2018
18 posts
Member Since Oct 02, 2014
909 posts
Member Since Oct 02, 2014
909 posts
Member Since Dec 10, 2017
210 posts
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