To use chat, please login.
Back to contacts

GBP/USD daily outlook

alexforex007
Apr 13 2016 at 22:15
775 posts
The GBPUSD may find some resistance on the 1.4400 level if it goes back up, but it seems like it wants to continue dropping, maybe go and visit the 1.4000 level.
alexforex007
Apr 14 2016 at 19:25
775 posts
Still waiting to see if the GBPUSD keeps dropping towards the 1.4000 level. For now the 1.4100 is acting as good support. The 1.43 or 1.44 may still act as resistance.
csc2009
Apr 16 2016 at 00:30
834 posts
The pair continues to consolidate above 1.40 handle on a wider perspective, Brexit uncertainty is still the focus.
dianajs
Apr 16 2016 at 17:03
823 posts
I think that its first target would be around 1.4120 - 1.4100, and if it breaks below the latter it will continue falling.
Ari Goldman (arigoldman)
Apr 17 2016 at 19:35
909 posts
Keeping an eye on this pair.
dianajs
Apr 20 2016 at 13:09
823 posts
I am waiting to see whether the pair will break above the resistance at 1.4400, because if it does I think it will continue rising towards 1.4600 and it will be time for longs.
Ari Goldman (arigoldman)
Apr 20 2016 at 13:52
909 posts
Expecting a correction.
Mohd Rozaidy (rozaidy)
Apr 21 2016 at 06:19
2 posts
GU on Triangle Trendline.. breakout upper trendline will become Uptrend a.k.a Long Position a.k.a Buy.. 1st Resistance on 1.4350 just breakout.. yesterday.. GU wanna reach 2nd Resistance on 1.4400.. if breakout again.. GU will changed trend to Uptrend, Strong Buy and Long Position (Standby on Buy Stop at entry price 1.4425).. for now.. I'm still on Short Position a.k.a Sell at entry price 1.4393 (Better short position on entry price 1.4400).. if someone already make Sell Order on that's price.. congrate to Bearish Trader.. because you already got 75+ - 80+ pips...
--== © DTA™® ==--
dianajs
Apr 22 2016 at 13:22
823 posts
I, personally, doubt that the pair will be able to break above 1.4440 before the market closes later today. I do think, however, that next week we will see a breakout above that level. On the other hand if it bounces off that resistance we can expect a further move to the downside towards 1.4000 again, in my opinion.
dianajs
Apr 26 2016 at 11:56
823 posts
GBP/USD broke above 1.4400 and the rally continues. I think the next long-term target is around 1.4900, and there's a significant possibility it might climb higher than that.
stian
Apr 26 2016 at 16:16
325 posts
In latest ICM poll remain got +1 percent, leave got +2, brexit risk lower? Meh, a few more polls and the risk is back on again.
victoriajensen
Apr 27 2016 at 16:17
1117 posts
The pair found some resistance at 1.4640 and is currently testing the support at 1.4550. A breakout below that level could lead to a further drop to 1.4500.
csc2009
Apr 27 2016 at 22:38
834 posts
I'm expecting further downside movement to next key target at 1.4500.
alexforex007
Apr 27 2016 at 23:19
775 posts
The GBPUSD may try to correct to the downside, since it has been losing some of its bullish momentum and it may be overbought.
dianajs
Apr 28 2016 at 12:40
823 posts
I think the move to the upside will continue for the moment and the first target is likely 1.4670, which is the previous high.
stian
Apr 28 2016 at 15:50
325 posts
More polls for the Brexit risk:

A poll by Saga with 8000 people over 50:
45% for brexit, 41% for remain.

In the YouGov poll, conducted on Monday and Tuesday, 42 per cent said they would vote for Brexit, up by three points in two weeks. 41 per cent said they wanted Britain to remain in the EU, up by one point.

With the ‘don’t know’ answers removed, 51 per cent backed Brexit compared to 49 per cent for ‘Remain’ - marking a switch from the previous poll two weeks ago.

Reports of less immigration by OECD, and no trade agreement from Obama, which is well received by people who are against the TTIP trade agreement

And with the growing risk for Brexit. The GBP is very likely to fall over the coming two months.
Ari Goldman (arigoldman)
Apr 30 2016 at 15:06
909 posts
Waiting to enter short.
alexforex007
May 02 2016 at 04:35
775 posts
Good rally on the GBPUSD, daily chart. But the pair may try to correct to the 1.4500 level from the 1.4657 zone.
dianajs
May 03 2016 at 13:34
823 posts

GBP/USD is testing 1.4600, if it breaks out below that level its next target would be around 1.4560 - 1.4550.
stian
May 03 2016 at 14:14
325 posts
We've seen it coming crashing down from 1.4750, currently at 1.4572 (and falling), since the TTIP leak earlier today.
Please login to comment .