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GBP/USD daily outlook

deresel
Jul 14 2017 at 17:21
708 posts
Key levels to watch for:
Support: 1.2860; 1.2690; 1.2560;
Resistance: 1.3030; 1.3250.
idimitrov
Jul 15 2017 at 08:43
421 posts
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3100, adding 1.24%. I believe that support is now at around 1,2808, Wednesday's low, and resistance is likely at 1.3095, the high of Friday's trading.
csc2009
Jul 17 2017 at 06:48
834 posts
The pair is consolidating last week gain around 1.3100 level, immediate resistance at 1.3170, break above would mean further upward trend.
victoriajensen
Jul 17 2017 at 14:18
1117 posts
GBP/USD finally found some resistance at 1.3110 and bounced off from that level after forming a shooting star candlestick on the four-hour time-frame. Next target is likely at 1.3000.
Managed Funds (TheInterest)
Jul 18 2017 at 08:02
10 posts
I see we are up for Bullish any moment from now
stian
Jul 18 2017 at 08:49
325 posts
With the inflation stabilizing, and falling closer to the banks 2% goal, the likelihood that the bank will use rate hikes to combat excess inflation is fading. But the dollar have been on a falling momentum.
victoriajensen
Jul 20 2017 at 15:11
1117 posts
GBP/USD bounced off from 1.2930 after forming a spinning top candlestick on the four-hour time-frame at that level and it will likely test 1.3000 next, which from a support will have become a resistance level.
alexforex007
Jul 20 2017 at 17:46
775 posts
The GBPUSD tries to recover somewhat from today's drop, but the 1.3000 level may act as resistance, if the pair continues dropping, then the 1.2900 level may act as its next support.
Ari Goldman (arigoldman)
Jul 21 2017 at 17:30
909 posts
Not much of a movement this week. Overall bearish sentiment in the US dollar, possible upside momentum expected next week.
idimitrov
Jul 23 2017 at 17:58
421 posts
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2994, gaining 0.15%. I believe that support is now at around 1.2930, Thursday's low, and resistance is likely at 1.3127, Tuesday's high.
csc2009
Jul 24 2017 at 06:49
834 posts
The pair seems limited to 1.3020/30 zone, continues showing no clear directional strength.
csc2009
Jul 24 2017 at 06:50
834 posts
Gbp/Usd seems limited to 1.3020/30 zone, continues showing no clear directional strength.

deresel
Jul 25 2017 at 14:56
708 posts
The British pound recorded a volatile session against the US dollar on Monday. The currency pair started at 1.2992 and the pound registered a positive performance. Eventually, the currency pair ended at 1.3027 and if the upward trend continues, we can expect a break in the first resistance at 1.3090.
deresel
Jul 25 2017 at 14:58
708 posts
Key levels to watch for:
Support: 1.2700; 1.2516; 1.2360;
Resistance: 1.3090; 1.3270.
idimitrov
Jul 26 2017 at 15:28
421 posts
The British pound recorded a volatile session against the US dollar on Tuesday. The currency pair opened at 1.3027 and finished just 4 pips lower. Graphics continued to grow above the creeping averages, while the relative strength index remained neutral. If the bullish trend keeps the pair will focus on the resistance at 1.3090.
deresel
Jul 27 2017 at 17:07
708 posts
The British pound record also recorded a significant increase against the US dollar on Wednesday. The currency pair added 97 pips and the pound managed to break the first resistance at 1.0390. Daytime extreme values ​​were reached at 1.3000 and 1.3123 respectively. If the price continues to rise, we can expect a resistance test at 1.3270.
deresel
Jul 27 2017 at 17:09
708 posts
Key levels to watch for:
Support: 1.3090; 1.2700; 1.2516;
Resistance: 1.3270.
csc2009
Jul 28 2017 at 05:43
834 posts
Gbp/Usd support level can be found at today's low 1.3050, downward movement seems limited short-term, I'm expecting correction movement before downside continues.
idimitrov
Jul 28 2017 at 12:38
421 posts
The British pound also recorded a decline against the US dollar on Thursday. Session started at 1.3120 and the pound lost 56 pips. Graphics continued to grow above the creeping averages, while the relative strength index remained neutral. Establishing the pair above 1.3090 will be indicative of the interest of the bulls, whose next target is the resistance at 1.3270.
Ari Goldman (arigoldman)
Jul 28 2017 at 12:48
909 posts
GBP/USD has been really choppy lately. I'm out of this pair for now.
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