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GBP/USD and BREXIT

csc2009
Nov 27 2017 at 07:32
posts 834
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend. Focus will be on possibility of missing the EU's deadline over the Brexit divorce bill.
csc2009
Dec 04 2017 at 15:39
posts 834
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.
SarahDW
Dec 11 2017 at 08:32
posts 229
Brexit talks are finally getting somewhere, getting a deal, but it does not guarantee a trade deal for March 2019. Pound short term turned to the downside.
SarahDW
Dec 18 2017 at 07:43
posts 229
Disappointment over Brexit negotiations' progress and now things will require the approval of the UK Parliament are bringing Pound down. Further decline might be expected.
SarahDW
Jan 02 2018 at 08:27
posts 229
Despite Brexit is making limit progress, Gbp/Usd remains in the positive territory, but short term the pair is showing no clear directional strength.
SarahDW
Jan 08 2018 at 07:59
posts 229
No major Brexit concerns, for now, Pound focus on BOE expect to increase rates this year.
SarahDW
Jan 15 2018 at 06:50
posts 229
Pound hits its highest since Brexit, by being overbought territory might cause the pair lose its upward strength and lead to possible correction movement. But there is still higher high on the table, buying interest remains strong.
SarahDW
Jan 22 2018 at 06:05
posts 229
With US government shutdown and French President Emmanuel Macron suggested the UK might get the special solution put Pounds bullish trend remains intact. 1.3900 act as a crucial resistance level, break above would clear the way to the upside.
SarahDW
Feb 05 2018 at 06:28
posts 229
The pair is still trading along with a sideways trend between support 1.3975 and resistance at 1.4350. Break above would lead to next resistance target at 1.4600, on the downside 1.3500 act as the crucial support.
SarahDW
Feb 19 2018 at 06:46
posts 229
Support level can be found around 1.40, break below it would lead to further downside.
SarahDW
Feb 26 2018 at 05:55
posts 229
Next week Brexit will be back on the agenda, the UK government seems now has an idea of what kind of post-Brexit deal they want, a Canada-style. Market expecting a stronger Pound with softer Brexit.
SarahDW
Mar 02 2018 at 09:13
posts 229
Pound broke February low as EU harden its stance against any Brexit concessions, raise the question of whether the UK will be able to soften its exit.
SarahDW
Mar 19 2018 at 09:28
posts 229
Gbp/Usd is testing upside barrier, 1.4000 is critical level before EU urgent Brexit meeting today and follow by Summit scheduled by 22nd and 23rd this week. I would expect the pair continue stuck in a range for now.
SarahDW
Mar 26 2018 at 06:05
posts 229
GBP/Usd remains bullish due to Brexit transitional agreement and strong UK data. The pair could test immediate resistance at 1.4220 again.
SarahDW
Apr 01 2018 at 05:57
posts 229
GBP/Usd is holding above the psychological level at 1.40, the pair is missing directional strength at the moment, only next week's macro releases will determine the pair's next directional move.
SarahDW
Apr 23 2018 at 06:49
posts 229
Last week Carney said that the uncertainties related to the Brexit could delay rate hikes, the news cause Gbp/Usd very bearish, break below the immediate support at 1.3960 could extend further on the downside.
SarahDW
Apr 30 2018 at 06:24
posts 229
Speculation on the BOE won't raise rates next May will continue to maintain Gbps/Usd strong downward trend. Meanwhile, Brexit could be another reason for Pound under pressure this week.
SarahDW
May 07 2018 at 07:13
posts 229
The pair is lack of directional strength and consolidating on the low. BoE this week and unsettled Brexit strategy within May's cabinet will probably add more pressure on the pair.
SarahDW
May 14 2018 at 06:43
posts 229
The pair is showing very little changes, short-term has no clear directions. Near-term resistance can be found at 1.3617, on the downside, important support lies at 1.3500 and followed by 1.3457.
SarahDW
May 21 2018 at 09:47
posts 229
Reemerging Brexit concerns keep putting pressure on the pair, bearish trend stay unchanged. Immediate support can be found at 1.3380.
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