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GBP/USD daily outlook
Sep 16, 2016 at 06:37
Mitglied seit Mar 29, 2013
12 Posts
Forex, 16h september 2016 : suggestions for main currencies
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions.
For the next hours, I prefer sell setups on GBPUSD .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
@A2kT3edge trading system
Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions.
For the next hours, I prefer sell setups on GBPUSD .
I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.
Thanks and good job.
@A2kT3edge trading system
Sep 18, 2016 at 23:03
Mitglied seit Apr 09, 2016
421 Posts
The British pound fell against the dollar on Friday. By the close of US trading GBP/USD was trading at 1.3001, shedding 1.81%. I believe that the support is now located at the level of 1.2998, the minimum of Friday's trading, and resistance is likely at the level of 1.3351 - Monday's high.
Mitglied seit Jul 10, 2014
1117 Posts
Sep 21, 2016 at 11:19
Mitglied seit Jul 10, 2014
1117 Posts
GBP/USD broke below 1.3000 yesterday, but has since started consolidating between 1.2940 and 1.3000, which will likely last until the FED news later today.
Sep 22, 2016 at 14:01
Mitglied seit Apr 09, 2016
421 Posts
GBP/USD
The pair rose during yesterday's session after the price found support at 1.2945 for a second consecutive day. The meeting at the Federal Reserve contributed to increased volatility, which was peaking at 1.3046. Overall pound rose by 42 pips to 1.3028. The pair remains below average values. A break of 1.3070 would open the possibility of a test of 1.3150/60.
The pair rose during yesterday's session after the price found support at 1.2945 for a second consecutive day. The meeting at the Federal Reserve contributed to increased volatility, which was peaking at 1.3046. Overall pound rose by 42 pips to 1.3028. The pair remains below average values. A break of 1.3070 would open the possibility of a test of 1.3150/60.
Sep 25, 2016 at 08:59
Mitglied seit Apr 09, 2016
421 Posts
The British pound fell against the dollar on Friday. By the close of US trading GBP / USD was trading at 1.2955, shedding 0.92%. I believe that the support is now located at the level of 1.2915, the low of Friday's trading, and resistance is at the level of 1.3125 - the maximum of Thursday.
Sep 28, 2016 at 20:21
Mitglied seit Apr 09, 2016
421 Posts
The dollar lost gains against the other major currencies on Wednesday after the release of positive data on orders for durable goods in the US, while the markets are still focused on the long-awaited meeting of key oil producers.
GBP/USD is down by 0.09% to 1.3007.
GBP/USD is down by 0.09% to 1.3007.
Sep 29, 2016 at 09:53
Mitglied seit Apr 09, 2016
421 Posts
Pound/dollar was indecisive yesterday but still managed to keep the bullish intraday signals and hit 1.3057 earlier this morning. Trading signals remain for up to test 1.3100, but I prefer bearish scenario as a whole. Immediate support is seen at 1.3000, a break below could lead the price to neutral trading zone for testing 1.2950/00 but important support remains at 1.2790.
Sep 29, 2016 at 10:41
Mitglied seit Nov 16, 2015
708 Posts
The British pound recorded neutral session against the US dollar on Wednesday. The pair lost only 5 pips at a closing price of 1.3015. If the downward trend continues, most likely the pound will test the first support located at 1.3000. Otherwise, the upside, the pair will test resistance at 1.32000.
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