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GBP/USD and BREXIT
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csc2009

Member Since Apr 09, 2014  834 posts csc2009 Nov 27 2017 at 07:32
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend. Focus will be on possibility of missing the EU's deadline over the Brexit divorce bill.

csc2009

Member Since Apr 09, 2014  834 posts csc2009 Dec 04 2017 at 15:39
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Dec 11 2017 at 08:32
Brexit talks are finally getting somewhere, getting a deal, but it does not guarantee a trade deal for March 2019. Pound short term turned to the downside.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Dec 18 2017 at 07:43
Disappointment over Brexit negotiations' progress and now things will require the approval of the UK Parliament are bringing Pound down. Further decline might be expected.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Jan 02 at 08:27
Despite Brexit is making limit progress, Gbp/Usd remains in the positive territory, but short term the pair is showing no clear directional strength.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Jan 08 at 07:59
No major Brexit concerns, for now, Pound focus on BOE expect to increase rates this year.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Jan 15 at 06:50
Pound hits its highest since Brexit, by being overbought territory might cause the pair lose its upward strength and lead to possible correction movement. But there is still higher high on the table, buying interest remains strong.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Jan 22 at 06:05
With US government shutdown and French President Emmanuel Macron suggested the UK might get the special solution put Pounds bullish trend remains intact. 1.3900 act as a crucial resistance level, break above would clear the way to the upside.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Feb 05 at 06:28
The pair is still trading along with a sideways trend between support 1.3975 and resistance at 1.4350. Break above would lead to next resistance target at 1.4600, on the downside 1.3500 act as the crucial support.

SarahDW

Member Since Dec 11, 2017  176 posts SarahDW Feb 19 at 06:46
Support level can be found around 1.40, break below it would lead to further downside.

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