GBP/USD daily outlook

Nov 06, 2015 at 12:23
Vues 31,621
1,302 Replies
Membre depuis Mar 26, 2019   posts 1
Apr 16, 2019 at 11:31
hope so
Membre depuis Jul 12, 2016   posts 78
May 15, 2019 at 11:43
In daily time frame as anticipated, GBPUSD trend looks slightly bullish. Price action is falling down, not stepping up and Forex traders could easily notice that market is printing higher swing highs and higher swing lows. Key support level is present at 1.2865 price area, based on most recent swing low in daily chart GBPUSD.

Average Earnings Index 3m/y news came out on Tuesday for the GBP with bad numbers. Technically; bullish trend could take price action towards next resistance target at 1.3400. As the trend is still bullish, Forex traders should consider only long trades and no trade against the current GBPUSD bullish trend. However; a clear bearish break down in price action below 1.2865 key support area will end the bullish momentum. Henceforth, currency traders may jump at the chance to stay out of the market and re-inspect the GBPUSD Spot Forex pair.
Membre depuis Jan 31, 2017   posts 200
May 19, 2019 at 05:25
GBPUSD
Strong shortsell. +140 points. I am waiting for correction. 1/3 of position will be covered.

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Trading system developers and strategy providers.
Membre depuis Jan 31, 2017   posts 200
May 19, 2019 at 05:47
GBPUSD - shortsell position. Sell price is 1.2920. Target price is 1.26.

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Trading system developers and strategy providers.
Membre depuis May 28, 2019   posts 9
May 28, 2019 at 13:53
strong support 1.2602, but also below is other 1.2430...
Membre depuis Jan 31, 2017   posts 200
May 28, 2019 at 14:55
But my scenario has played out successfully . Now I am not ready to sell. It's better to wait.

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Trading system developers and strategy providers.
Membre depuis Oct 11, 2013   posts 775
Jun 04, 2019 at 23:36
Good retracement on the GBPUSD to the 1.2700 level, but it could continue higher to the 1.2800 level. A real breakdown below the 1.2600 level could accelerate its bearish trend.
Membre depuis Jun 16, 2018   posts 3
Jun 05, 2019 at 10:42
My TP1 (first TP/Target) is 1.2813 area - High 'Spike' May 5, 2019.

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Don't worry be happy
Membre depuis Jun 16, 2018   posts 3
Jun 05, 2019 at 10:42
Correction: High Spike May 21, 2019
Don't worry be happy
Membre depuis Nov 21, 2017   posts 33
Jun 18, 2019 at 10:23
The price continues the bearish trend and I assume that it will reach 1.2470. And in this point(1.2470) may be the beginning of bullish trend.
Membre depuis Jul 22, 2013   posts 216
Mar 18, 2020 at 14:25

gbp in fall ...

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SNF-Complex system - build in 2007 \ Tested from 1970.
Membre depuis Apr 25, 2012   posts 285
Mar 18, 2020 at 15:01
Such sharp down trend not seen in years.
Membre depuis Jan 10, 2020   posts 37
Apr 15, 2020 at 16:43
Well I think for now gbpusd has bearish movement. I think the market goes to 1.24535.
Membre depuis Jun 17, 2020   posts 37
Aug 06, 2020 at 11:43 (édité Aug 06, 2020 at 11:44)
Do all the brokers provide indicators for the USD index?
Membre depuis Sep 25, 2013   posts 24
Aug 11, 2020 at 06:52
Calacti posted:
Do all the brokers provide indicators for the USD index?

No. But you can use tradingview. The symbol is DXY.
Membre depuis Feb 26, 2014   posts 15
Sep 24, 2020 at 11:51
I find the pound to be very difficult to trade these days. Whenever it looks like we have a direction the price reverses back. Very nasty.
Membre depuis Sep 24, 2020   posts 3
Sep 24, 2020 at 14:39
The last days were really hard to predict, but now I clearly see a continuation of the bearish trend. A few more days at least
Wise never sit and wail their loss, but cheerfully seek how to redress their harms.
Membre depuis Sep 28, 2020   posts 10
Sep 30, 2020 at 07:17
What do I see for today?
I see downward movement.
I would say GBP/USD will be going down 1.278.
forex_trader_1955784
Membre depuis Sep 30, 2020   posts 13
Oct 12, 2020 at 09:42
There seems to be a downward movement today and it might continue that way for a few days. Although GBP/USD might go down.
Membre depuis Nov 14, 2015   posts 325
Oct 12, 2020 at 18:40
New lockdown restrictions, BoE further confirming their intent to add negative interest rate to their toolbox to be used if necessary (and data is disapointing), all negative in the future, but the big driver will still be if any kind of deal is struck by Thursday or not. Plenty of optimism is already priced in. But it seems increasingly unlikely that a comprehensive deal that both UK and EU can agree upon will be struck, some barebone deal maybe.
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