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GBP/USD daily outlook

Harry_exp (Harry_exp)
Sep 24 2020 at 14:39
3 posts
The last days were really hard to predict, but now I clearly see a continuation of the bearish trend. A few more days at least

Wise never sit and wail their loss, but cheerfully seek how to redress their harms.
Akalay (Akalay)
Sep 30 2020 at 07:17
10 posts
What do I see for today?
I see downward movement.
I would say GBP/USD will be going down 1.278.

forex_trader_[1955784]
Oct 12 2020 at 09:42
13 posts
There seems to be a downward movement today and it might continue that way for a few days. Although GBP/USD might go down.

stian
Oct 12 2020 at 18:40
325 posts
New lockdown restrictions, BoE further confirming their intent to add negative interest rate to their toolbox to be used if necessary (and data is disapointing), all negative in the future, but the big driver will still be if any kind of deal is struck by Thursday or not. Plenty of optimism is already priced in. But it seems increasingly unlikely that a comprehensive deal that both UK and EU can agree upon will be struck, some barebone deal maybe.

Step_Up
Oct 13 2020 at 05:20
15 posts
Overhead resistance was cleared and I think what we see now is just a throwback. We should see new highs today.

WingsuitPierre (WingsuitPierre)
Oct 13 2020 at 05:24
3 posts
Devhuti posted:
6th November 2015
check me out thanks
The GBPUSD had a bearish momentum yesterday bottomed at 1.5359. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below the H4 EMA 200 located around 1.5370 targeting 1.5300 or lower. Immediate resistance is seen around 1.5400. A clear break above that area could lead price to neutral zone in nearest term but key resistance remains around 1.5505 area which remains a good place to sell with a tight stop loss. We will have some high impact news from the UK today: BOE inflation report, MPC official bank rate votes and monetary policy summary.

You are the size of your own dreams!
russellgutierrez (russellgutierrez)
Oct 13 2020 at 05:52
56 posts
Although the pound is still unpredictable, I am quite hopeful of the Brexit deal.

stian
Oct 13 2020 at 09:59
325 posts
Michel Barnier will give a briefing to the EU ministers later today on the state of negotiations

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