GBP/USD daily outlook

Nov 06, 2015 at 12:23
33,734 Views
1,302 Replies
Member Since Oct 02, 2014   909 posts
Oct 18, 2018 at 07:38
I'm bearish for today's Retail sales in less than an hour. I'm also short, so I'm biased.
Positivity
Member Since Dec 10, 2017   210 posts
Oct 18, 2018 at 15:17
Perfect level for opening a long position in GBP/USD (1.3070). TP: 1.3200, SL: 1.3025.
Member Since Dec 11, 2017   229 posts
Oct 18, 2018 at 23:31
Once again disappointing Brexit news sent GBP/Usd straight down to near 1.30 level. Well, the negotiation continues. Support level can be found at 1.3010, break below would give the pair more pressure on the downside.
Member Since Dec 10, 2017   210 posts
Oct 20, 2018 at 20:01
Still beleive in the bullish scenario in GBP/USD.
Member Since Nov 16, 2015   708 posts
Oct 21, 2018 at 13:58
GBP/USD: The pair is waiting for Brexit talks. If a deal is achieved, the GBP/USD could test 1.3500. With no deal resolution, the pair could drop below 1.2500.
Member Since Jul 10, 2014   1117 posts
Oct 22, 2018 at 17:54
The pair is consolidating above the support at 1.2955, a breakout below that level could lead to a further move to the downside towards 1.2900.
Member Since Dec 11, 2017   229 posts
Oct 22, 2018 at 21:35
The pair has dropped to the lowest point in 2 weeks, as long as GBP/Usd stay below 1.30 level, the negative momentum would be expected to continue.
Member Since Dec 11, 2017   229 posts
Oct 23, 2018 at 23:32
At end of the day, there is still nothing new on Brexit negotiation which results GBP/Usd is lacking directional strength. The pair is consolidating below 1.30 level remain in the negative territory.
Member Since Oct 02, 2014   909 posts
Oct 24, 2018 at 09:38
Good support level on the short term at 1.2720. Possibly it's worth thinking about a long position with a tight stop.
Positivity
Member Since Nov 16, 2015   708 posts
Oct 24, 2018 at 12:14
GBP/USD: A clear break and daily closure below 1.2925 would aim the pair to 1.2800.
Member Since Dec 11, 2017   229 posts
Oct 24, 2018 at 23:09
The downside is not over just yet, I set my target at 1.2785.
Member Since Dec 11, 2017   229 posts
Oct 26, 2018 at 00:12
Brexit uncertainty continues to weight in on the Pound, there are might be consolidation but the bearish potential remains strong, my target remains in sight.
Member Since Dec 11, 2017   229 posts
Oct 26, 2018 at 22:52
GBP/Usd pressure remains on the downside, it seems the pair would continue consolidating within the range between 1.2846 to 1.2750.
Member Since Dec 10, 2017   210 posts
Oct 27, 2018 at 16:18
The British pound rose against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2831, adding 0.11%. I believe that support is now at around 1.2778, the low of Friday's trading, and resistance is likely to be the level of 1.3092 - a maximum of Monday.
Member Since Dec 10, 2017   210 posts
Oct 29, 2018 at 12:41
Good support for gbp/usd - 1.2815. I believe, the pair is going to 1,2840, then to 1,2855 and, edventually, 1,2900 - intraday.
Member Since Dec 11, 2017   229 posts
Oct 29, 2018 at 22:30
GBP/Usd is consolidating around 1.28 level while the pair remains strongly bearish. Immediate support 1.2775 is critical, break below would lead to further downward movements.
Member Since Oct 02, 2014   909 posts
Oct 30, 2018 at 09:13
The GBP/USD pair broke the support at the double bottom of 1.2786 and is now trading at 1.2770. Let's see if it breaks further below 1.2660.
Positivity
Member Since Nov 16, 2015   708 posts
Oct 30, 2018 at 22:10 (edited Oct 30, 2018 at 22:19)
My opinion on GBP/USD:
Member Since Dec 11, 2017   229 posts
Oct 30, 2018 at 23:27
The pair is oversold but bearish movements showing no stop sign, the next critical support handle can be found at 1.2700.
Member Since Nov 16, 2015   708 posts
Oct 31, 2018 at 08:23
GBP/USD: The pair is approaching August low minimums - 1.2660. It could be a deep test of the strong 1.2700 support. If it manages to break it, it would be a sign that the Empire is going back to the panics.
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