GBP/USD daily outlook

Devhuti
Devhuti
Nov 06, 2015 at 12:23
31,745 Views
1,302 Replies
arigoldman
arigoldman
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
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Justice1024
Justice1024
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.
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SarahDW
SarahDW
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.
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Justice1024
Justice1024
Member Since Dec 10, 2017   210 posts
Oct 20, 2018 at 20:01
Still beleive in the bullish scenario in GBP/USD.
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deresel
deresel
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.
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victoriajensen
victoriajensen
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.
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SarahDW
SarahDW
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.
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SarahDW
SarahDW
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.
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arigoldman
arigoldman
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
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deresel
deresel
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.
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SarahDW
SarahDW
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.
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SarahDW
SarahDW
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.
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SarahDW
SarahDW
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.
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Justice1024
Justice1024
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.
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Justice1024
Justice1024
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.
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SarahDW
SarahDW
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.
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arigoldman
arigoldman
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
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deresel
deresel
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:
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SarahDW
SarahDW
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.
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deresel
deresel
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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