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GBP/USD daily outlook

csc2009
Sep 09 2016 at 23:05
posts 834
The pair found next immediate support level at 1.3250, break below probably lead to further downside correction.
dianajs
Sep 12 2016 at 15:16
posts 823
The pair broke above the resistance trendline of the bearish move to the downside that started on 6th September after forming a double bottom above the support at 1.3240. I think we can expect it to reach at least 1.3400.
stian
Sep 13 2016 at 15:00
posts 325
I smell 1.31. Quite a few bad numbers, not just CPI today. What will keep the pair higher is a weaker USD, not a stronger GBP.
Andrea Antonicelli (andrea2k)
Sep 16 2016 at 06:37
posts 12
Forex, 16h september 2016 : suggestions for main currencies

Everyday at Sidney's opening time, according to some volatility and direction parameters analyzed on the world's majors USD , EUR , GBP , JPY , I purpose my advise on the likely scenario, within the following Tokyo, London and New York sessions.

For the next hours, I prefer sell setups on GBPUSD .

I recommend to those who want to follow my indications, to operate by their own strategy and be careful, considering the erratic price movements due to economic calendar news, and plan every trade with suitable risk/reward ratio as allowed by the available capital balance and working time.

Thanks and good job.
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dianajs
Sep 16 2016 at 16:40
posts 823
The pair is testing 1.3075, I think that if it breaks below that level it will reach 1.3030.
csc2009
Sep 16 2016 at 23:49
posts 834
Pound continues to suffer while dollar is strong due to better US CPI data, Gbp/Usd broke below the psychological level at 1.3000, further decline might be expected.
csc2009
Sep 18 2016 at 23:00
posts 834
Psychological support level is still at 1.3000, there might be upside correction movements but it is not clearly showing.
idimitrov
Sep 18 2016 at 23:03
posts 421
The British pound fell against the dollar on Friday. By the close of US trading GBP/USD was trading at 1.3001, shedding 1.81%. I believe that the support is now located at the level of 1.2998, the minimum of Friday's trading, and resistance is likely at the level of 1.3351 - Monday's high.
stian
Sep 19 2016 at 00:38
posts 325
Eyes on the Fed. There aren't much big data in sight for the GBP till the Fed decision.
TheOne1
Sep 20 2016 at 13:45
posts 10
GBP/USD is forming a temporary low at the moment at 1,30 or even a bit lower - possible upleg towards 1,32-1,325
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victoriajensen
Sep 21 2016 at 11:19
posts 1117
GBP/USD broke below 1.3000 yesterday, but has since started consolidating between 1.2940 and 1.3000, which will likely last until the FED news later today.
idimitrov
Sep 22 2016 at 14:01
posts 421
GBP/USD

The pair rose during yesterday's session after the price found support at 1.2945 for a second consecutive day. The meeting at the Federal Reserve contributed to increased volatility, which was peaking at 1.3046. Overall pound rose by 42 pips to 1.3028. The pair remains below average values. A break of 1.3070 would open the possibility of a test of 1.3150/60.
idimitrov
Sep 25 2016 at 08:59
posts 421
The British pound fell against the dollar on Friday. By the close of US trading GBP / USD was trading at 1.2955, shedding 0.92%. I believe that the support is now located at the level of 1.2915, the low of Friday's trading, and resistance is at the level of 1.3125 - the maximum of Thursday.
csc2009
Sep 26 2016 at 01:00
posts 834
The pair may extend further decline this week after the corrective pulled back against 1.300 level.
dianajs
Sep 27 2016 at 15:35
posts 823
The pair formed a doji bar and a hammer bar above the support at 1.2910, I think that was the end of the drop for now.
idimitrov
Sep 28 2016 at 20:21
posts 421
The dollar lost gains against the other major currencies on Wednesday after the release of positive data on orders for durable goods in the US, while the markets are still focused on the long-awaited meeting of key oil producers.
GBP/USD is down by 0.09% to 1.3007.
csc2009
Sep 28 2016 at 23:12
posts 834
Gbp/Usd is in a consolidation mood with a limited upside. Pounds stay well in the range between 1.2910 to 1.3120.
idimitrov
Sep 29 2016 at 08:57
posts 421
GBP/USD - buy at 1.3014
• Log: 1.3024 (market)
• Stop: 1.2983
• Take profit: 1.3089
• Time for execution: 1 day
idimitrov
Sep 29 2016 at 09:53
posts 421
Pound/dollar was indecisive yesterday but still managed to keep the bullish intraday signals and hit 1.3057 earlier this morning. Trading signals remain for up to test 1.3100, but I prefer bearish scenario as a whole. Immediate support is seen at 1.3000, a break below could lead the price to neutral trading zone for testing 1.2950/00 but important support remains at 1.2790.
deresel
Sep 29 2016 at 10:41
posts 708
The British pound recorded neutral session against the US dollar on Wednesday. The pair lost only 5 pips at a closing price of 1.3015. If the downward trend continues, most likely the pound will test the first support located at 1.3000. Otherwise, the upside, the pair will test resistance at 1.32000.
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