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GBP/USD daily outlook
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alexforex007

Member Since Oct 11, 2013  659 posts alexforex007 Dec 22 2015 at 05:56
The GBPUSD stays below the 1.4900 level, it seems like it will remain weak.

mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Dec 22 2015 at 11:05
I think the pair will rise towards 1.4940, it formed a double bottom on the 4-hour time-frame.

DRFXTRADING

Member Since Nov 19, 2014  169 posts Duane Shepherd (DRFXTRADING) Dec 22 2015 at 15:56
Overall looking Bearish given the Consolidation breakouts on the Daily Chart








However, 4H Signal given is too weak to trade now...






This means we gonna have to wait for another 4H or Daily Signal that is stronger to justify entry













Duane
DRFXSWINGTRADING

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Trade Less, Earn More
alexforex007

Member Since Oct 11, 2013  659 posts alexforex007 Dec 24 2015 at 01:21
1.4800 level good support for the GBPUSD, the bearish trend is still in place, there could be a breakdown of that level. The 1.4900 acting as a good resistance for now.

Sceadagenga

Member Since Jan 31, 2014  83 posts Sceadagenga Dec 24 2015 at 11:08
No good trading oportunities until 4th January 2016 now

arigoldman

Member Since Oct 02, 2014  792 posts Ari Goldman (arigoldman) Dec 26 2015 at 15:49
Good move last week!

Positivity
Wassim

Member Since Nov 19, 2015  14 posts Wassim Azhari (Wassim) Dec 27 2015 at 11:46
All GBP pairs were the biggest movers for the past 2 weeks.

In my opinion GBP is at the start of a rally based on daily and weekly charts. If you put your emotions aside you can clearly see the drop from June 18 2015 is a correction, its very choppy.

Expecting a rally to the 1.6000 level.
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wassim.azhari1@
mlawson71

Member Since Dec 11, 2015  1486 posts mlawson71 Dec 30 2015 at 11:09
GBP/USD couldn't break above the resistance at 1.4840 and returned to 1.4815 again. It might fall to 1.4780 again, but I don't think we'll see any major changes before the end of the holidays.

arigoldman

Member Since Oct 02, 2014  792 posts Ari Goldman (arigoldman) Jan 02 2016 at 15:48
WHere are the bulls?!

Positivity
Breeze

Member Since Aug 28, 2015  11 posts Alex Breeze (Breeze) Jan 06 2016 at 12:54
Bulls?

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Current Account (YoY) (22 min)
US Dollar clings to daily gains above 95...(4 min ago)
EURUSD 1.15653 GBPUSD 1.31545
USDJPY 110.171 USDCAD 1.33032

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