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idimitrov
Dec 02 2017 at 08:50
421 posts
The British pound was down against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3472, losing 0.42%. I believe that support is now at around 1.3221, Tuesday's low, and resistance is likely at 1.3550, the maximum of Friday's trading.

csc2009
Dec 04 2017 at 15:39
834 posts
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.

victoriajensen
Dec 04 2017 at 20:06
1117 posts
csc2009 posted:
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.


It bounced off from 1.3420 again and since the sideways consolidation continues it will probably start moving to the upside towards 1.3500.

deresel
Dec 05 2017 at 17:32
708 posts
The British pound recorded a volatile session against the US dollar on Monday. The currency pair opened at 1.3436 and finished 42 pips higher. The chart continued to grow above the moving averages, while the relative strength index remained neutral. If the direction is maintained, there may be an attempt to test the first resistance at 1.3540.

victoriajensen
Dec 07 2017 at 17:43
1117 posts
GBP/USD bounced off from 1.3315. The pair is still bullish and the move to the upside may continue towards 1.3500.

Ari Goldman (arigoldman)
Dec 08 2017 at 14:23
907 posts
Good move on the cable lately.

SarahDW
Dec 11 2017 at 08:30
229 posts
Gbp/Usd short term seems turned towards downside, support level can be found around 1.3350 and follow by 1.3310.

Irnest Goodman (Irnest)
Dec 15 2017 at 11:39
33 posts
On a short term. I think the pound will go down to the point of 1.32763.

Ari Goldman (arigoldman)
Dec 16 2017 at 18:36
907 posts
The pair has been difficult to trace lately.

SarahDW
Dec 18 2017 at 07:43
229 posts
Although the pair strong bearish trend seems slow down, but with uncertainty on Brexit, I'm expecting further decline towards below support level 1.3300.

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