GBP/USD daily outlook
Miembro desde Oct 02, 2014
posts 909
Nov 01, 2018 at 08:17
The Sterling shot up yesterday without any fundamentals to back it up afaik. Today's data can boost the rally.
Positivity
Miembro desde Oct 09, 2018
posts 41
Nov 01, 2018 at 14:23
arigoldman posted:i have the same feeling.
The Sterling shot up yesterday without any fundamentals to back it up afaik. Today's data can boost the rally.
Nov 02, 2018 at 00:49
(editado Nov 02, 2018 at 00:53)
The pair has gained more than 250 pips and now trading above 1.30 level after news about PM May struck a deal with the EU on financial services. GBP/Usd is consolidating its gains but there is no indication of changing direction, next target is expected to be at 1.31 level.
Miembro desde Oct 02, 2014
posts 909
Nov 02, 2018 at 08:34
Let's see if it's gonna break the 100 and 50 day moving average.
Positivity
Nov 04, 2018 at 07:26
GBP/USD: The dollar traded without sharp fluctuations on Friday in anticipation of US labor statistics, moving away from a maximum of 16 months in the course of previous trades, as investors again switched to risky assets. The pound sterling held the advantage after the Bank of England left rates unchanged on Thursday and indicated a possible acceleration of rates in the future if Brexit runs smoothly. The pound sterling fell 0.02 percent to $ 1.2998, but held the bulk of the gains after a rise of 1.8 percent on Thursday, the maximum one-day increase since April 2017.
Miembro desde Dec 10, 2017
posts 210
Nov 04, 2018 at 08:00
The British pound fell against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2969, losing 0.34%. I believe that support is now at around 1.2696, Tuesday’s low, and resistance is likely at 1.3041, Friday's trading high.
Nov 05, 2018 at 12:01
GBP/USD: The pair attempted to drop last week, reaching bottom at 1.2695, but turned up and then closed higher at 1.2960, and now fights around 1.3000. Trading signals are neutral, but the longer the price remains above 1.2925, the short-term outlook is upward. On the upside, a clear break and daily closing over 1.3000 will clear the road to 1.3125. Downwards, a clear break and daily closure back below 1.2925 will interrupt the upward rally, but only a clear break below 1.2695 will activate my descending model again.
Miembro desde Oct 02, 2014
posts 909
Nov 06, 2018 at 12:02
It looks like the Pound is preparing to make a move to the upside. Let's see how this unfolds.
Positivity
Miembro desde Dec 10, 2017
posts 210
Nov 07, 2018 at 10:29
Pound/dollar rocketing directly to 1.3200, thanks to good Brexit talks and anti-Trump situation.
Miembro desde Oct 02, 2014
posts 909
Nov 08, 2018 at 08:45
It's approaching a good level to go short at 1.3220. Let's see if it gets there this week.
Positivity
Nov 12, 2018 at 21:24
GBP/Usd started the week with a bearish gap and downward movements continue on Brexit disappointment. In the H4 chart, the pair is consolidating around 1.2840 before the further decline as long as the Irish border problem stays unsolved.
Miembro desde Dec 10, 2017
posts 210
Nov 13, 2018 at 13:41
On Monday, the pound fell to a session low of 1.2826 against the dollar - the lowest since November 1.
On Tuesday, the pound rose in price: the pair GBP / USD rose by 0.33% to 1.2891, but its growth is limited due to fears that the UK may withdraw from the EU without signing the Brexit agreement.
On Tuesday, the pound rose in price: the pair GBP / USD rose by 0.33% to 1.2891, but its growth is limited due to fears that the UK may withdraw from the EU without signing the Brexit agreement.
