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GBP/USD daily outlook
Membre depuis Nov 24, 2015
posts 64
Membre depuis Jul 10, 2014
posts 1117
Oct 03, 2017 at 17:18
Membre depuis Jul 10, 2014
posts 1117
GBP/USD reached a low at 1.3220 and began a sideways consolidation. Later this week there will be major fundamentals, so the pair will likely continue consolidating until then.
Oct 03, 2017 at 17:52
Membre depuis Nov 16, 2015
posts 708
On the first day of the new week, the Pound/Dollar currency pair lost 107 pips. The day was opened at 1.3380, and not long after the bulls recorded a modest peak at 1.3402. For the rest of the day, the bears dominated and took the course only 6 pips to the support at 1.3250. By the end of the session one pound was exchanged for 1.3273 dollars.
Oct 04, 2017 at 07:17
Membre depuis Mar 24, 2012
posts 7
forex.dani1704@
Membre depuis May 08, 2017
posts 4
Membre depuis Jul 10, 2014
posts 1117
Oct 04, 2017 at 13:35
Membre depuis Jul 10, 2014
posts 1117
GBP/USD will likely climb to 1.3300, which is the (MA)89 indicator on the one-hour time-frame. That said, a breakout above that resistance is unlikely before the fundamentals later this week. Consolidation continues for now.
Oct 06, 2017 at 15:24
Membre depuis Apr 09, 2016
posts 421
The pound lost more than a figure against the US currency on Thursday. The last day's quote was 1.3118 or 128 pips from the opening rate of 1.3246. Extreme values for the day were recorded at 1.3249 and 1.3107 respectively. If the trend remains unchanged, it will soon be the first support breach, which is only 7 pips away.
Membre depuis Oct 11, 2013
posts 775
Oct 11, 2017 at 08:37
Membre depuis Nov 16, 2015
posts 708
The pound marked a second successive session against the dollar on Tuesday. The British currency has continued the positive momentum since the beginning of the week, but no breakthrough of key levels has been achieved. Short-term expectations continue to be in favor of the pound. Trading was open at a rate of 1.3140 and the final was 62 pips higher. The trend was bullish in most of the time, with the peak reached at 1.3225.
Oct 11, 2017 at 09:18
Membre depuis Apr 09, 2016
posts 421
The GBP / USD continued its bullish momentum yesterday, reaching a peak of 1.3225, with the market respecting the daily EMA 200 and the trendline support line. Short-term expectations are bullish to test the resistance 1.3330. A clear breakthrough and daily closing over it will put an end to the downward correction phase and will re-activate my bullish model for retesting 1.3615. Support for the day is 1.3150, whose breakthrough should keep the bearish phase in force for testing the daily EMA 200 and the trendline support.
Membre depuis Jul 10, 2014
posts 1117
Oct 11, 2017 at 17:04
(édité Oct 11, 2017 at 17:04)
Membre depuis Jul 10, 2014
posts 1117
GBP/USD has been consolidating sideways between 1.3170 – 1.3220 since yesterday. It depends on the news later today whether it will break out above 1.3220 to reach at least 1.3250.
Oct 12, 2017 at 10:05
Membre depuis Apr 09, 2016
posts 421
Pound / dollar was tentative yesterday, but mainly continues to trade higher and hit a new weekly peak at 1.3264 earlier today. Trade signals remain bullish for testing the key resistance 1.3330. A clear break and daily closing above this level will put an end to the downward correction phase and will re-activate my upward model for retesting 1.3615. The nearest support is at 1.3150. A clear breakthrough and daily closure below this level should keep the bearish phase intact for testing the daily EMA 200 and the trendline support. Generally, I stay in the bulls camp.
Membre depuis Jul 10, 2014
posts 1117
Oct 13, 2017 at 17:08
Membre depuis Jul 10, 2014
posts 1117
GBP/USD is testing the resistance at 1.3300, which coincides with the (MA)89 indicator on the weekly time-frame. If it breaks out above that level there will likely be a further move to the upside towards 1.3500 - 1.3520.
Membre depuis Oct 02, 2014
posts 909
Oct 16, 2017 at 17:29
Membre depuis Nov 16, 2015
posts 708
The British pound recorded an increase against the US dollar on Friday. The session started at 1.3260 and the currency pair jumped out of the support at 1.3260. Eventually the session ended at 1.3287 and in case the bullish moods of the last few sessions continue, we can expect a break of the first resistance at 1.3440.
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