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GBP/USD daily outlook

TiffanyK (TiffanyK)
Nov 22 2016 at 15:19
427 posts
Really poor trading pair. With all these changes everyday in UK and US I am considering not to trade it for now. Unpredictable

Accept the loss as experience
dianajs
Nov 24 2016 at 13:07
823 posts
I have a short on Cable, and I am waiting for it break below 1.2440 to open another one. I think next target will be at 1.2400.

idimitrov
Nov 25 2016 at 07:43
421 posts
On Thursday, the dollar was almost unchanged at 14-year peak against other major rivals amid lingering optimism over the US economy, while trade volumes remained fragile due to Thanksgiving. GBP/USD is stable at 1.2447. Nearest levels of support and resistance are respectivly at 1.2320 and 1.2500.

deresel
Nov 25 2016 at 08:36
708 posts
The pound recorded choppy trade against the dollar on Thursday. Ultimately opening price was close to closing, respectively, 1.2437 and 1.2446. The trend has been volatile, and the difference between the highest and lowest value for the day was 93 pips. If the pound justify positive expectations, the pair will test resistance at 1.2529 soon.

deresel
Nov 25 2016 at 08:39
708 posts
Key levels to watch for:
Support: 1.2203; 1.2079;
Resistance: 1.2529; 1.2665.

arigoldman (arigoldman)
Nov 27 2016 at 07:34
907 posts
Bearish on the pair.

csc2009
Nov 28 2016 at 03:04
834 posts
Gbp/Usd the pair bounce around 1.25 level and shows sign of upward potential but limited, next resistance level can be found at 1.2560.

victoriajensen
Nov 28 2016 at 13:14
1117 posts
GBP/USD bounced off 1.2530 after forming a shooting star candlestick on the four-hour time-frame and continued falling. A breakout below the support at 1.2380 will likely lead to a further move to the downside towards 1.2300.

Mathematic (Mathematic)
Nov 29 2016 at 10:58
5 posts
Hi all. What expectations do you have for GBPUSD now? I think that GBP may hit 1.25 one more time.

fxtrader2014
Nov 29 2016 at 15:49
61 posts
hii any one help me where gbpusd moving bcz daily and h4 show down trend..

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