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GBP/USD daily outlook

victoriajensen
Feb 14 2017 at 14:48
1117 posts
GBP/USD is consolidating sideways for now but if the doji candlestick on the weekly time-frame above the support at 1.2350 is any indication it could start moving to the upside again.
alexforex007
Feb 16 2017 at 03:46
775 posts
The daily ranges on the GBPUSD are getting tighter and the pair is still in a consolidation. From the current levels the pair may head in any direction.
fxtrader2014
Feb 16 2017 at 10:55
61 posts
WHEN HAVE BREXIT..CAN U TELL ME WHAT DATE
deresel
Feb 18 2017 at 09:27
708 posts
Key levels to watch for:
Support: 1.2360; 1.2150;
Resistance: 1.2516; 1.2700.
idimitrov
Feb 18 2017 at 11:39
421 posts
The British pound fell against the dollar on Friday. By the closing of US trading GBP/USD was trading at 1.2410, shedding 0.64%. I believe that the support is now located at the level of 1.2379, Wednesday's low and resistance is likely at the level of 1.2550 - a maximum of Tuesday.
idimitrov
Feb 18 2017 at 11:41
421 posts
Next week there will be FOMC minutes, so pound may continue falling to 1.2346, followed by 1.2252.
Ari Goldman (arigoldman)
Feb 19 2017 at 09:35
909 posts
GBP/USD had a tough week and now market participants are anticipating the Mark Carney speech on Tuesday before the UK parliament.
alexforex007
Feb 19 2017 at 19:56
775 posts
The GBPUSD dropped on Friday, but it has not been able to break away from the symmetrical triangle that has formed on the daily chart. From the current zone, the pair may go in any direction. We are just waiting for it to confirm a trend.
csc2009
Feb 20 2017 at 03:07
834 posts
Gbp/Usd continue to struggle regain the 1.25 level, risk remains on the downside. Next support level can found around 1.2380 and follow by 1.2345.
idimitrov
Feb 21 2017 at 10:36
421 posts
Pound/Dollar had a moderate bullish momentum yesterday, topped at 1.2482. The bias is neutral in nearest term. Immediate resistance is seen at 1.2520. A clear break above that area could trigger further bullish pressure to test 1.2580. On the downside, first support is 1.2435. A clear break below could lead to bearish pressure testing 1.2380/40.
Devhuti
Feb 21 2017 at 15:35
94 posts
The GBPUSD had a moderate bullish momentum yesterday topped at 1.2482. The bias remains neutral in nearest term. Immediate resistance is seen around 1.2520. A clear break above that area could trigger further bullish pressure testing 1.2580. Immediate support is seen around 1.2435. A clear break below that area could trigger further bearish pressure testing 1.2380/40 area.
Baldo (BaldoN)
Feb 23 2017 at 08:46
522 posts
Hello,
GBP/USD - sterling advancing, so 1.2500 is in focus :)
Ari Goldman (arigoldman)
Feb 24 2017 at 11:07
909 posts
Uneventful week for the Pound. Although the pair went down in teh beginning of the week, the GBP/USD pair is now back at previous level around 1.2550.
deresel
Feb 24 2017 at 17:39
708 posts
The pound recorded a sharp rise against the dollar on Thursday. British currency acquitted positive expectations and recorded substantial progress against the dollar. So the pound offset losses and get out of the narrow range in which varied past few sessions. Meanwhile, resistance at 1.2524 has been overcome and if bullish sentiment continues, the pair will test the level at 1.2576.
deresel
Feb 24 2017 at 17:42
708 posts
Key levels to watch for:
Support: 1.2382; 1.2345;
Resistance: 1.2524; 1.2576.
csc2009
Feb 27 2017 at 02:20
834 posts
The pair continues under pressure, found immediate support level at 1.2390, it seems still room on the downside.
bestools
besttools
Feb 27 2017 at 12:24
898 posts

At 1.2430, the resistances are aligned at 1.2457/61 (10 & 5-DMA) and 1.2475 (20-DMA) and below that at 1.2500 (zero figure). On the flip side, the supports are lined up at 1.2385 (2-week low) and 1.2371 (daily S1) and below that at 1.2350
csc2009
Feb 27 2017 at 13:19
834 posts
Potential Scottish independence referendum has ''kicked in'', further decline accelerating push the pair to support level at 1.2380.
idimitrov
Feb 28 2017 at 19:18
421 posts
On Tuesday, trading in Europe is relatively quiet. In anticipation of the President's speech the United States, major currency pairs traded in limited price ranges.
GBP/USD is consolidating in the range 1,2412-1,2450. The mood against the pair remains negative due to the growth of EUR/GBP. It will change in a positive way, if there is a break above 1.2452. Increasing the price above this level could provide a fresh impetus for a breakthrough to 1.2480.
csc2009
Feb 28 2017 at 23:46
834 posts
The uncertainty from the possibility of Scottish independence referendum continue give downward pressure on Pound, the pair has already broke below 1.2380 and I'm looking at potential target at 1.2200 level.
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