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GBP/USD daily outlook

Ari Goldman (arigoldman)
Jul 19 2016 at 10:27
907 posts
Still no sign of recovery.

victoriajensen
Jul 19 2016 at 10:36
1117 posts
The pair is stalling at the 1.3180 level, but I think it will likely continue moving to the downside.

alexforex007
Jul 19 2016 at 23:36
774 posts
The GBPUSD may consolidate around the 1.3200 level if the bearish momentum is lost. The 1.3532 level may act as resistance, while the 1.2800 may act as support.

csc2009
Jul 21 2016 at 01:25
834 posts
The Pound has rebound strongly today, the pair remain its negative tone, but short-term might continue to gain further from strong jobs report data.

paidsignal
Jul 21 2016 at 08:25
78 posts
The GBPUSD failed to continue its bearish momentum yesterday topped at 1.3227 and hit 1.3274 earlier today in Asian session. The head and shoulders bearish formation I showed you yesterday is no longer valid. The bias is bullish in nearest term as we may have a false break (below 1.3100) bullish scenario testing 1.3315 region. Immediate support is seen around 1.3180. A clear break below that area could lead price to neutral zone in nearest term retesting 1.3100 key support.

alexforex007
Jul 22 2016 at 22:54
774 posts
The GBPUSD is still bound by the 1.3100 as support and the 1.3200 zone as resistance. We should wait to see in which direction it breaks out of consolidation.

csc2009
Jul 23 2016 at 02:09
834 posts
The Pound is in trouble again, it could test its psychological support level at 1.3000 again.

Ari Goldman (arigoldman)
Jul 24 2016 at 14:12
907 posts
Sterling looks very weak.

idimitrov
Jul 24 2016 at 21:55
421 posts
Looking forward for the next week's GDP statistics and mortgage lending data in the UK. It's all old data on the 'other' Britain, but if they would be worse than expected, the sterling would not escape from the Bank of England's easing policy in the beginning of August.

victoriajensen
Jul 26 2016 at 10:24
1117 posts
GBP/USD is stuck in a tight range between 1.3160 - 1.3080 and it's doubtful that range will end before the fundamentals tomorrow.

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