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GBP/USD daily outlook
Mitglied seit Oct 11, 2013
769 Posts
Jan 13, 2016 at 22:25
The drop on the GBPUSD slows down around the 1.4400 level, but the bearish trend is still in place. On a pullback, the 1.4600 may act as resistance. To the down side, next support could be the 1.4300 level.
Jan 14, 2016 at 09:40
Trend is my friend
Mitglied seit Dec 11, 2015
1462 Posts
Jan 14, 2016 at 11:10
I think it will continue dropping. It's consolidating after the last move to the downside but the bearish trend is still in place and next target is likely 1.4300.
Mitglied seit Oct 02, 2014
905 Posts
Jan 21, 2016 at 15:02
History in the making.
Positivity
Mitglied seit Oct 11, 2013
769 Posts
Jan 25, 2016 at 01:52
Pullback on the GBPUSD to the 1.4300 level, but the bearish trend is still in place.
Mitglied seit Dec 11, 2015
1462 Posts
Jan 26, 2016 at 12:06
I think it's more likely to start moving sideways, to be honest. Let's hope it doesn't become like EUR/USD has been for weeks now.
Mitglied seit Dec 11, 2015
1462 Posts
Jan 28, 2016 at 11:34
It looks like there'll be some correction, considering the spinning top on the weekly time-frame. I think the pair will retrace back to 1.4400.
