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GBP/USD daily outlook

Ari Goldman (arigoldman)
Jun 02 2017 at 12:36
907 Posts
GBP/USD relatively unchanged after the NFP and Jobs report. Dollar index, however, down significantly.

csc2009
Jun 05 2017 at 06:40
834 Posts
A small gap down, Cable trading almost flat below 1.29 level. All eyes on Election this week.

victoriajensen
Jun 05 2017 at 14:35
1117 Posts
GBP/USD moved to the upside again today and reached a new high at 1.2940 before it bounced off that level. Should it break out above that high it could continue rallying towards 1.3000.

DrVodka
Jun 06 2017 at 06:39
297 Posts
victoriajensen posted:
 GBP/USD moved to the upside again today and reached a new high at 1.2940 before it bounced off that level. Should it break out above that high it could continue rallying towards 1.3000.



but it won't . SELL GBP this week

Capital Hedging (Forex_Villa)
Jun 07 2017 at 06:22
29 Posts
I say 'Buy' this baby.


Don't panic over drawdown, instead manage it !!
Capital Hedging (Forex_Villa)
Jun 07 2017 at 06:27
29 Posts
Buy GBP. It looks promising

Don't panic over drawdown, instead manage it !!
dmaggio
Jun 07 2017 at 06:41
23 Posts
How much volatility is everyone expecting from the election this week compared to what everyone expected from the French election?

Aleixo1
Jun 07 2017 at 11:49
12 Posts
At least as high. A Labour win would cause a very strong decline in GBP. But there would also be a lot of volatility following Conservative win. If it is a hung parliament then there would also be a fall. I'm tempted to take a short with a 200 pips SL and target 1.23

Capital Hedging (Forex_Villa)
Jun 07 2017 at 14:53
29 Posts
Due to USD yield falling, in an event of a hung parliment, GBP may indeed fall about 500 pips but it will rebound and retake the previous level of 1.29 and given a while will edge higher.


Don't panic over drawdown, instead manage it !!
DrVodka
Jun 08 2017 at 06:07
297 Posts
May is going to WIN thats for sure .

pound is going to RISE big time in around 1.50 ( Pre Brexit levels ) ...

thats what i think .



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