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GBP/USD daily outlook

Dec 09 2016 at 10:02
3 posts

Nothing is impossible
arigoldman (arigoldman)
Dec 11 2016 at 14:42
907 posts
Bearish here.

Dec 12 2016 at 04:18
834 posts
The pair is trading almost flat, seems have lost its downward strength, but the risk remains on the downside, critical support zone lies around 1.2500/20.

Supertechpro (Supertechpro)
Dec 12 2016 at 09:03
3 posts
Yes,been watching the pair since last week,on a long term buy position.Anticipating for a reversal and upward trend this week.

Dec 12 2016 at 16:45
823 posts
The pair rose with over 100 pips today after forming a doji and a marubozu bar on the daily time frame and reached the resistance at 1.2670. I think that if there is a breakout above that resistance it will reach the previous high at 1.2774.

uzoma (uzoma)
Dec 13 2016 at 07:53
5 posts
I am still in distress EURUSD is heading to 1.1100 first, before 1.2800

GBPUSD is 1.3200

It may not be a one way journey, but it surely will reach there. So, to be on a safer side, always seek for buying opportunities, instead of selling opportunities to avoid being caught up.

Dec 14 2016 at 20:11
421 posts
A day before the announcement of the lifting of the US base rate by the Fed, the dollar marked a slight increase against most currencies. Sterling traded at higher levels in the last session, but GBP/USD closed with a slight decrease of 1.2656.

Dec 14 2016 at 20:17
708 posts
The pound marked a volatile session against the dollar on Tuesday. Ultimately opening price was close to closing, respectively, 1.2671 and 1.2657. In the early trading hours bulls dominated, in result the resistance at 1.2704 was breached as the pair peaked for the day at 1.2727. Subsequently pound lost accumulated lead.

Dec 14 2016 at 20:21
708 posts
Key levels to watch for:
Support: 1.2505; 1.2428;
Resistance: 1.2704; 1.2773.

Dec 14 2016 at 20:38
421 posts
The US Federal Reserve raised its key rate to a range of 0,50-0,75 per cent per annum, and said that it is waiting for three increases in 2017.
By 20.24 GMT GBP/USD fell by 100 pips to 1,2588.

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