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GBP/USD daily outlook

alexforex007
Jan 28 2016 at 23:27
774 Posts
Good rally on the GBPUSD, but the 1.4400 area may act as resistance. The bearish trend is still in place and the pair may go back down any time.

Ari Goldman (arigoldman)
Jan 31 2016 at 21:52
907 Posts
It still has a lot way to go.

dianajs
Feb 01 2016 at 07:22
823 Posts
It looks like correction might end next week. I won't be opening any new shorts before a breakout below 1.4078 though.

Jake Summers (JakeSummers)
Feb 04 2016 at 07:19
7 Posts
Just closed out my position at 1.4500, but I'm expecting at least 1.4600. This week is very heavy on macro news, so maybe the Non-Farm's will give us more confidence.

He who risks nothing, risks everything.
dianajs
Feb 05 2016 at 11:50
823 Posts
Probably. I am waiting for a breakout above 1.4600 to open longs.

Ari Goldman (arigoldman)
Feb 05 2016 at 14:22
907 Posts
Yes, thank you, good recovery this week.

dianajs
Feb 07 2016 at 15:13
823 Posts
I wonder how much lower it will fall. This could be the end of the correction.

alexforex007
Feb 10 2016 at 04:00
774 Posts
The 1.4600 level could be a good resistance for the GBPUSD, the 1.4400 could be a good support.

Jake Summers (JakeSummers)
Feb 10 2016 at 12:56
7 Posts
This is what I see as a possibility.

https://www.tradingview.com/chart/GBPUSD/dz6QtXbe-GBPUSD-Bullish-ABCD/

Anhänge:


He who risks nothing, risks everything.
mlawson71
Feb 11 2016 at 06:57
1487 Posts
I think the pair will climb back to 1.4540, but I think it might be a little too late for longs.

Ari Goldman (arigoldman)
Feb 11 2016 at 11:12
907 Posts
Waiting to go long soon.

Jake Summers (JakeSummers)
Feb 12 2016 at 11:29
7 Posts
If 1.43500 doesn't hold my bias will change to sell.

He who risks nothing, risks everything.
Trendline Trader
Soyo24
Feb 14 2016 at 07:32
14 Posts
I think longer term its going lower. Short term I don't have an opinion.

dianajs
Feb 14 2016 at 10:03
823 Posts
I think that the pair might climb a little higher, towards 1.4600, but apart from that I agree that the general trend is bearish and we'll see a further decline on a long-term basis.

Jake Summers (JakeSummers)
Feb 15 2016 at 07:30
7 Posts
1.4800 and maybe 1.5000. Don't bet your house, but it wouldn't surprise me.

He who risks nothing, risks everything.
mlawson71
Feb 15 2016 at 12:50
1487 Posts
Range has to end first though. For now the closest target is 1.4550.

alexforex007
Feb 17 2016 at 03:25
774 Posts
possible breakdown of the 1.4300 level on the GBPUSD, the 1.4500 could act as resistance in case of a pullback.

mlawson71
Feb 18 2016 at 11:49
1487 Posts
It might be time for longs again, what with that spinning top candlestick on the daily time frame above the support. The pair will probably reach 1.4400.

alexforex007
Mar 02 2016 at 03:06
774 Posts
The 1.4000 level could keep acting as resistance, but a breakout of that level could take the price on the GBPUSD to the 1.4100 level. To the downside, the 1.3833 level could act as support.

dianajs
Mar 02 2016 at 15:23
823 Posts
It broke above 1.4000 and it will probably reach 1.4100.

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