GBP/USD daily outlook
Nov 14, 2018 at 01:47
Once again, Brexit related headlines about the EU and the UK agreed on a Brexit deal have been driven the pair and hit this week high. But it is still a long way ahead of us, the deal is yet to be approved by the UK's parliament, let's see.
Mitglied seit Oct 02, 2014
909 Posts
Nov 14, 2018 at 07:57
The pair reached the inflection point at the 100- and 50SMA and retreated to lower levels. I'm expecting it to touch the 1.28 level briefly before continuing to the upside.
Positivity
Nov 14, 2018 at 08:09
GBP/USD: The pound rises in price for the second session in a row. The pound was supported by information that the European Union and the United Kingdom at the expert level agreed on the text of the Brexit agreement. The pound against the US dollar rose 0.2% during trading on Wednesday - to $1,3003 against $1.2977 at the close on Tuesday. Yesterday the British national currency has risen by 1% against the dollar.
Nov 14, 2018 at 23:13
GBP/Usd had rollercoaster day while Brexit news kept coming. Currently, the pair is trading just under 1.30 level and lack of strong directional strength, I guess only Brexit headlines will tell us more clearly about where this pair going.
Mitglied seit Dec 10, 2017
210 Posts
Nov 15, 2018 at 06:43
Pound/dollar is moving in a range between 1.3040 and 1.2900. If the pair manages to break 1.3040, the next level is 1.3130. On the flip side, the pair will go back to 1.2900.
Mitglied seit Oct 02, 2014
909 Posts
Nov 16, 2018 at 12:35
I don't think GBPUSD found the bottom on the short term. I'm expecting another leg to 1.2660.
Positivity
Nov 16, 2018 at 14:08
GBP/USD: The rate of the pound sterling during the trading on Thursday demonstrates the maximum fall in 17 months on the news that three British ministers resigned at once because of disagreement with the draft agreement of the UK and the EU on Brexit.
On Thursday, the pound fell against the US dollar by 1.8% to $1.2762 per pound against $1.2972 at the close on Wednesday. The British currency almost completely erased the growth since the beginning of the year.
On Thursday, the pound fell against the US dollar by 1.8% to $1.2762 per pound against $1.2972 at the close on Wednesday. The British currency almost completely erased the growth since the beginning of the year.
Mitglied seit Oct 29, 2018
10 Posts
Nov 19, 2018 at 11:20
Price at resistance level now. This pair is only going down so if resistance continue I will be shorting with a small stop loss. First target 1.2750 , second target open
Mitglied seit Oct 02, 2014
909 Posts
Nov 22, 2018 at 10:44
Wow, big move to the upside.
Positivity
Nov 22, 2018 at 15:18
The main trend is a downtrend, whatever happens to the pair he will continue going in his main downtrend even if the news today came optimistic to the GBP I think it will not break 1.30300 and will back to its main downtrend eventually. Now he is just moving in a horizontal movement around 23.6% Fibonacci
Anhänge:
Mitglied seit Oct 02, 2014
909 Posts
Nov 23, 2018 at 16:08
Moved down a bit today despite an alleged agreement, interesting to see what the next week brings.
Positivity
