GBP/USD daily outlook
Oct 16, 2017 at 18:30
Pound / dollar gained momentum over the past week, forming a peak of 1.3337 after three consecutive descending candles per weekly chart. Expectations are neutral, probably with light bears signals, as we have a downward pin bar after the rejection of the resistance above 1.3330 for the 1.3225 test. Basically I stay in the bear camp, but I need a clear break above 1.3330 to re-activate my bullish model for retesting 1.3615.
Miembro desde Jul 10, 2014
posts 1117
Oct 17, 2017 at 18:12
GBP/USD bounced off from 1.3340 and is currently testing the support at 1.3155. A breakout below that level will likely lead to a drop towards 1.3090, which is the (MA)89 indicator on the daily time-frame. On the other hand, if it bounces off from 1.3155 it could rally back to 1.3250.
Miembro desde Oct 11, 2013
posts 775
Oct 19, 2017 at 00:43
The GBPUSD breaks above the 1.3200 level, but there is no clear direction on the pair until it breaks above the 1.3300 or below the 1.3000 level.
Oct 19, 2017 at 14:44
hello peoples
s there anyone here who knows the double hedge technique?
such as, if the first entry is wrong then immediately do double lot size on the opposite entry.
I have been running this 3 months trying to use this technique and the results so far quite interesting, target 5% per month can be achieved as in portofilo
i apologize if my english is not so fluent
s there anyone here who knows the double hedge technique?
such as, if the first entry is wrong then immediately do double lot size on the opposite entry.
I have been running this 3 months trying to use this technique and the results so far quite interesting, target 5% per month can be achieved as in portofilo
i apologize if my english is not so fluent
Trader anu sukses nyeta trader anu survive dina forex
Oct 19, 2017 at 16:58
The British pound recorded a modest rise against the US dollar on Wednesday. The session started at 1.3188 and the pair added 16 pips. Graphics continued to grow below moving averages, while the relative strength index remained neutral. Attitudes remain positive, with more serious testing than the current 1.3260.
Miembro desde Oct 02, 2014
posts 909
Oct 19, 2017 at 17:07
The pair lost some gains this week. I think the bullish run will continue.
Positivity
Miembro desde Jul 10, 2014
posts 1117
Oct 20, 2017 at 17:12
GBP/USD bounced off yet again from the (MA)89 indicator on the daily time-frame at 1.3090. That said, it's doubtful it will break out above 1.3200 before the market closes for this week.
Miembro desde Oct 02, 2014
posts 909
Oct 24, 2017 at 13:22
Uncertainty prevails currently. I think it will be good to open long at 1.31.
Positivity
Miembro desde Jul 10, 2014
posts 1117
Oct 25, 2017 at 16:56
GBP/USD broke out above 1.3200 and continues moving to the upside. Next target is likely the previous high at 1.3328. A breakout above that level could lead to a further move to the upside towards 1.3400.
Oct 26, 2017 at 09:36
The British pound fell against the dollar: the pair GBP/USD dropped by 0.14% to 1.3245. Investors are fixing profits after the increase on Wednesday. On Wednesday, the British pound rose in price by 1% after the release of the report on the acceleration of GDP growth in the UK in the third quarter, which increased the chances of raising the interest rate by the Bank of England next month.
Miembro desde Jul 10, 2014
posts 1117
Oct 31, 2017 at 17:56
GBP/USD is testing the resistance at 1.3270 of the sideways consolidation yet again. A breakout above that level could lead to a further move to the upside towards 1.3340.
Miembro desde Jul 10, 2014
posts 1117
Nov 02, 2017 at 19:01
GBP/USD dropped sharply after the news that the Bank of England has hiked the interest rate from 0.25% to 0.50% but it still hasn't broken out below the support at 1.3030. The fundamentals tomorrow may give it the necessary push to do that.
Miembro desde Oct 02, 2014
posts 909
Nov 03, 2017 at 16:57
GBP/USD fell off a cliff yesterday, but today it managed to hold on around 1.3070-1.3080. The pair seems to have found some support.
Positivity
Nov 03, 2017 at 19:57
Pound / dollar had a strong bearish momentum yesterday, after failing to break above the key resistance of 1.3330, reaching a bottom at 1.3042. The commercial signals are bearish for testing the daily EMA 200, located in the 1.3000 area. This region remains a good place to buy with tight stops, as a clear break and a daily / weekly closure below 1.30 will stem the main upside trend with a potential downside reversal scenario. The closest resistance is seen at 1.3135, whose breakthrough can take the price to a neutral zone with testing at 1.3200.
Nov 04, 2017 at 18:56
The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD is trading at 1.3077, gaining 0.13%. I believe that support is now at around 1.3040, the low of today's trading, and resistance is likely at the level of 1.3321 - the maximum of Wednesday.
