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GBP/USD daily outlook

Ari Goldman (arigoldman)
Jun 01 2018 at 17:25
907 posts
The Sterling could be mustering power for a rally, a correction is long due.

Jun 03 2018 at 06:44
9 posts
Short term bullish, long term bearish imo.

Jun 03 2018 at 07:00
26 posts
usd still remain strong, though bought still in small volumes..

begin fm below. no man w/ 4 aces asks for a new deal.
Jun 04 2018 at 06:19
229 posts
Gbp/Usd is trading slightly up before UK PMI figure, found immediate resistance at 1.3375. But the pair remains directionless long-term.

Jun 07 2018 at 05:51
66 posts
Elliottwave Analysis: GBPUSD, raise stop and add long positions

GBPUSD still consolidated around Ichimoku Tenkan-Sen.

Price also closed back above H4 upper bands.

I already bought some yesterday.

Holding 20% long positions from 1.3285, raise stop to 1.3290.

Today will add on dips toward 1.3378.

Ideally a small base is formed at 1.3296.

GBPUSD Trade Idea: (Spot 1.3406)

Buy Limit @ 1.3378 SL @ 1.3290 Take Profit @ 1.3500

Attachments: 5 days' trial period is available. Welcome to backtesting!
Jun 07 2018 at 10:24
26 posts
is this the beginning of uptrend?
or is it just a retest?

begin fm below. no man w/ 4 aces asks for a new deal.
Jun 07 2018 at 12:21
13 posts
The cable is on a long term down trend in my opinion.

KovanBoy (KovanBoy)
Jun 08 2018 at 07:58
7 posts
I believe the current trend now is bullish.

Jun 08 2018 at 15:45
708 posts
Key levels to watch for:
Support: 1.3300;
Resistance: 1.3460; 1.3655; 1.3850;

Jun 08 2018 at 16:05
210 posts
The British pound recorded a volatile session against the US dollar on Thursday. The currency pair opened at 1.3410 and the price bounced from the first resistance at 1.3465. Eventually, the pound ended at 1.3421 and if the direction continued upward, we could expect a new first resistance test at 1.3465. On the downside, the pair will head to the first support at 1.3310.

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