GBP/USD daily outlook
Devhuti
Mitglied seit Dec 31, 2014
94 Beiträge
Nov 06 2015 at 12:23
6th November 2015
The GBPUSD had a bearish momentum yesterday bottomed at 1.5359. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below the H4 EMA 200 located around 1.5370 targeting 1.5300 or lower. Immediate resistance is seen around 1.5400. A clear break above that area could lead price to neutral zone in nearest term but key resistance remains around 1.5505 area which remains a good place to sell with a tight stop loss. We will have some high impact news from the UK today: BOE inflation report, MPC official bank rate votes and monetary policy summary.
The GBPUSD had a bearish momentum yesterday bottomed at 1.5359. The bias is bearish in nearest term especially if price able to make a clear break and consistent movement below the H4 EMA 200 located around 1.5370 targeting 1.5300 or lower. Immediate resistance is seen around 1.5400. A clear break above that area could lead price to neutral zone in nearest term but key resistance remains around 1.5505 area which remains a good place to sell with a tight stop loss. We will have some high impact news from the UK today: BOE inflation report, MPC official bank rate votes and monetary policy summary.
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Ari Goldman
(arigoldman)
Mitglied seit Oct 02, 2014
907 Beiträge
Nov 07 2015 at 10:18
I consider buying at 1.4980
Positivity
alexforex007
Mitglied seit Oct 11, 2013
773 Beiträge
Nov 10 2015 at 03:29
The GBPUSD goes above the 1.5100 level, but it may drop again due to the fact that the bearish trend is still in place.
Mikaels Demo
(Spackelspade)
Mitglied seit Oct 27, 2014
53 Beiträge
Nov 10 2015 at 05:12
I like that set my selllimit at 1.51199 but i dont now how mutch i can take from it
Antuan
Mitglied seit Feb 04, 2014
21 Beiträge
Nov 13 2015 at 10:37
Hello dear analitics. What is your forcast for GBPUSD for the next week? Thanks
Made in China
Mikaels Demo
(Spackelspade)
Mitglied seit Oct 27, 2014
53 Beiträge
Nov 13 2015 at 19:58
whitesolutions
Mitglied seit Sep 17, 2014
12 Beiträge
Nov 16 2015 at 01:14
@Antuan GBPUSD on the daily chart should sell on the prevailing bearish trend till 1.4900 where some profit taking will push it up a bit for renewed selling towards 1.4750 levels.Fibo confirms it.verify
Ari Goldman
(arigoldman)
Mitglied seit Oct 02, 2014
907 Beiträge
Nov 16 2015 at 21:16
Looks bearish...
Positivity
Mikaels Demo
(Spackelspade)
Mitglied seit Oct 27, 2014
53 Beiträge
Nov 16 2015 at 21:22
Maby it cud save me 😭😲