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GBP/USD daily outlook

SarahDW
Mar 26 2018 at 06:05
229 posts
GBP/Usd falls into range on the fears of potential US-China trade war, resistance can be seen at 1.4220 and on the downside 1.40 act as psychological support.

Justice1024
Mar 27 2018 at 13:35
210 posts
Pound / dollar had a significant upward momentum yesterday, sliding over the 'tail' of the downward pin bar. This fact should invalidate the bearish scenario on the bearish pin bar. The prospects are bullish to test the key resistance 1.4275 - 1.4344. Intraday support is 1.4190. A clear breakthrough below this level could take the price to a neutral zone with 1.4125 testing. But as a whole, I stay in the bulls camp and every downward pressure should now be seen as a good opportunity for purchases.

Josephius (Josephius)
Mar 30 2018 at 07:33
17 posts
The GBPUSD will go up to the 1.41425 point.

arigoldman (arigoldman)
Mar 31 2018 at 12:28
907 posts
The Sterling continues to appreciate, awaiting the NFP to take it further.

SarahDW
Apr 01 2018 at 05:56
229 posts
GBP/Usd is still holding above 1.40 level, but bearly. Only break below this psychological level would continue to drag the pair downward.

deresel
Apr 06 2018 at 09:59
708 posts
Yesterday’s strong drop in Cable has been in tandem with rising volume and shrinking open interest, although by irrelevant levels. The inconclusive activity in both open interest and volume allows spot to extend the consolidation, with gains clearly capped by the 1.4100 neighbourhood for the time being.

deresel
Apr 06 2018 at 10:01
708 posts
GBP/USD
Key levels to watch for:
Support: 1.3814 1.3890 1.3946
Resistance: 1.4079 1.4155 1.4212

arigoldman (arigoldman)
Apr 06 2018 at 12:34
907 posts
The US dollar advanced a bit because of the NFPs but i think it will be back to normal level soon.

Justice1024
Apr 08 2018 at 06:40
210 posts
The outlook for GBP/USD is positive as the pair eyes a move to 1.42 and hawkish BoE comments would be the perfect catalyst for a rally.

deresel
Apr 10 2018 at 09:50
708 posts
The British pound recorded an increase against the US dollar on Monday. The session started at 1.4087 and finished 43 pips higher. The chart continued to grow above the moving averages, while the relative strength index remained neutral. Overall, the upward movement is devoid of impulse, but a break of 1.4215 will reinforce positive attitudes.

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