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GBP/USD daily outlook

Justice1024
Jul 21 2018 at 03:33
210 posts
The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD is trading at 1.3130, adding 0.89%. I believe that support is now at 1.2957, Thursday's low, and resistance is likely to come in at 1.3295, Monday's high.

SarahDW
Jul 23 2018 at 10:12
229 posts
The pair has recovered from Friday and entre correction mood, immediate resistance can be found at 1.3155, and on the downside, support level at 1.3100 and followed by 1.3000 psychological thresholds.

Devhuti
Jul 24 2018 at 07:15
94 posts
The GBPUSD failed to continued its bullish momentum yesterday bottomed at 1.3082. The bias is neutral in nearest term probably with a little bearish bias testing 1.3050 region but key support remains around 1.3000 psychological level which remains a good place to buy. Immediate resistance is seen around 1.3160. A clear break above that area would retest the upper line of the bearish channel and 1.3200 area which remains a good place to sell. On the downside, a clear break below 1.3000 region would expose 1.2750 area.

Ari Goldman (arigoldman)
Jul 27 2018 at 10:07
907 posts
Faring around 1.31 for the week with nothing exciting.

Ari Goldman (arigoldman)
Jul 27 2018 at 14:19
907 posts
I'm bearish for the week ahead.

Devhuti
Jul 29 2018 at 06:40
94 posts
GBPUSD Forecast
The GBPUSD continued its bullish momentum yesterday topped at 1.3200 and hit 1.3213 earlier today in Asian session. Price slipped above the bearish channel as you can see on my H4 chart below which is a serious threat to the major bearish trend. The bias remains bullish in nearest term testing 1.3300 region. Immediate support is seen around 1.3150. A clear break below that area could lead price to neutral zone in nearest term but would create a false breakout bearish scenario testing 1.3070 or lower.

SarahDW
Jul 30 2018 at 06:02
229 posts
GBP/Usd seems directionless to consolidate around 1.31 level, but there is the key event to focus on, BoE policy decision--rate hiking might be expected.

paidsignals
Jul 30 2018 at 10:04
93 posts
The GBPUSD didn’t make significant movement last week but overall still able to maintain its major bearish trend following a false break above the bearish channel as you can see on my H4 chart below. The bias is neutral in nearest term. Immediate support is seen around 1.3070. A clear break below that area could trigger further bearish pressure retesting 1.3000 psychological level which remains a good place to buy. Immediate resistance is seen around 1.3160. A clear break above that area would retest the EMA 200 located around 1.3215 area.

SarahDW
Aug 06 2018 at 06:02
229 posts
In the short term, the pair continues showing strong downward potential. Immediate support lies at 1.2970/75, and follow by 1.2955/50.

Ari Goldman (arigoldman)
Aug 09 2018 at 14:43
907 posts
Sterling rose today, there was a strong support that was broken so I expect more to the downside.

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