GBP/USD
Jul 10, 2014 at 20:09
782 Views
14 Replies
Jul 10, 2014 at 20:09
Interest Rate Decision Bank of England (BOE) monetary policy committee members vote on where to set the rate. Traders watch interest rate changes closely as short term interest rates are the primary factor in currency valuation.0.50% we are waiting A higher than expected , which will pull GBP/USD to 1.718 today on the market
Member Since Oct 11, 2013
775 posts
Jul 12, 2014 at 02:24
The GBPUSD closes below the 1.7100 level and it had a strong bearish momentum. It may try to open lower for next week.
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 12, 2014 at 04:16
alexforex007 posted:Yes .For sure it will be lower next week .
The GBPUSD closes below the 1.7100 level and it had a strong bearish momentum. It may try to open lower for next week.
Strong bearish moment .
Member Since Oct 11, 2013
775 posts
Jul 15, 2014 at 01:36
A pullback on the GBPUSD to the 1.7100 level could give us the opportunity of a short.
forex_trader_178891
Member Since Feb 26, 2014
104 posts
Jul 15, 2014 at 03:07
alexforex007 posted:Well , The party is almost over .
A pullback on the GBPUSD to the 1.7100 level could give us the opportunity of a short.
I cover my short already and stay side line to see .
Good luck to all .
Member Since Aug 01, 2014
16 posts
Aug 09, 2014 at 17:17
As we see the market is quite bearish at the moment. But according the claimant change that will be wednesday it can have some positive effect on the GBP for retracing to point 1.6865
Never trade when you are depressed. Just believe that you are right.
Member Since Oct 11, 2013
775 posts
Aug 11, 2014 at 11:23
The GBPUSD remains weak and it may try to touch the 200 DAy EMA around the 1.6700.
Member Since Oct 11, 2013
775 posts
Aug 11, 2014 at 23:16
The GBPUSD may fall even further before correcting, especially if the fundamentals from the UK dont help support the Pound.
Member Since Oct 11, 2013
775 posts
Aug 28, 2014 at 00:29
The GBPUSD has found a good resistance at the 1.6600 level. It would need a very strong reason to break above that level.
Member Since Oct 11, 2013
775 posts
Sep 05, 2014 at 00:41
The GBPUSD has dropped to the 1.6300 level and it seems like it has found some support there. Lets see if there is continuation of the drop, tomorrow after the NFP report.
Member Since Apr 14, 2014
230 posts
Sep 05, 2014 at 02:48
There is no sufficient sign of bullish reversal for this pair, I would guess it will remain flat for now until the NFP report.
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