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GBP/USD daily outlook
Medlem sedan Nov 16, 2015
708 inlägg
Nov 14, 2016 at 13:52
The British pound record third consecutive day of gains against the dollar on Friday and second positive week. The price climbed by 45 pips for the day to 1.2597. The daily limit values were reached respectively at 1.2672 and 1.2524. RSI develops in positive territory as the price remains above the rising moving averages, supporting positive attitudes.
Medlem sedan Nov 16, 2015
708 inlägg
Nov 14, 2016 at 13:54
Key levels to watch for:
Support: 1.2520; 1.2350; 1.2090;
Resistance: 1.2670; 1.2775.
Support: 1.2520; 1.2350; 1.2090;
Resistance: 1.2670; 1.2775.
Medlem sedan Apr 09, 2016
419 inlägg
Nov 14, 2016 at 14:20
Pound / dollar last week continued its upward movement, formed a peak of 1.2673 but closed lower at 1.2597 and hit 1.2491 earlier today. Trade signals are neutral, but as long as price remains above 1.2330, the pair is still in bullish phase as part of the bullish scenario of the formation hammer (daily chart) with goals in the region of 1.2790. First support is 1.2450. Intraday resistance at 1.2600 followed by 1.2650.
Medlem sedan Nov 14, 2015
315 inlägg
Nov 15, 2016 at 09:32
(redigerad Nov 15, 2016 at 09:33)
Really poor inflation. Downside will resume?
Medlem sedan Dec 09, 2015
823 inlägg
Nov 15, 2016 at 10:18
The pair is testing the support at 1.2400. I think that if it breaks out below that level it will reach the previous low at 1.2351.
Medlem sedan Apr 09, 2016
419 inlägg
Nov 15, 2016 at 14:42
The British pound erased some of its gains last week on Monday. GBP/USD broke three-day winning streak yesterday, reporting a drop of 88 pips to 1.2485. The pair traded within the extreme values 1.2591 and 1.2443. Despite the decline, the bulls remain in the leading position. Break 50-period average, however, will test their capacity by a further test of 1.2350.
Medlem sedan Jul 10, 2014
1114 inlägg
Nov 17, 2016 at 12:46
GBP/USD bounced off the support at 1.2420 which coincides with the (MA)89 indicator on the four-hour time-frame after forming spinning top bars above that level on both the daily and four-hour time frames. Next target is likely at 1.2600.
Medlem sedan Oct 02, 2014
905 inlägg
Nov 20, 2016 at 06:52
Staying out of this pair for now.
Positivity
Medlem sedan Apr 09, 2014
832 inlägg
Nov 20, 2016 at 23:12
The pair seems losing its upward strength, risk turn towards the downside, break below Friday low 1.230 would suggest further decline towards 1.22 level.
Medlem sedan Feb 12, 2016
394 inlägg
Nov 22, 2016 at 15:19
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
Medlem sedan Dec 09, 2015
823 inlägg
Nov 24, 2016 at 13:07
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.
Medlem sedan Apr 09, 2016
419 inlägg
Nov 25, 2016 at 07:43
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.
Medlem sedan Nov 16, 2015
708 inlägg
Nov 25, 2016 at 08:36
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.
Medlem sedan Nov 16, 2015
708 inlägg
Nov 25, 2016 at 08:39
Key levels to watch for:
Support: 1.2203; 1.2079;
Resistance: 1.2529; 1.2665.
Support: 1.2203; 1.2079;
Resistance: 1.2529; 1.2665.
Medlem sedan Oct 02, 2014
905 inlägg
Nov 27, 2016 at 07:34
Bearish on the pair.
Positivity
Medlem sedan Apr 09, 2014
832 inlägg
Nov 28, 2016 at 03:04
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.
Medlem sedan Jul 10, 2014
1114 inlägg
Nov 28, 2016 at 13:14
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.
Medlem sedan Nov 15, 2016
5 inlägg
Nov 29, 2016 at 10:58
Hi all. What expectations do you have for GBPUSD now? I think that GBP may hit 1.25 one more time.
Go breaking bad.
Medlem sedan Feb 19, 2014
48 inlägg
Nov 29, 2016 at 15:49
hii any one help me where gbpusd moving bcz daily and h4 show down trend..
