GBP/USD daily outlook

I'm bearish for today's Retail sales in less than an hour. I'm also short, so I'm biased.

Perfect level for opening a long position in GBP/USD (1.3070). TP: 1.3200, SL: 1.3025.

Once again disappointing Brexit news sent GBP/Usd straight down to near 1.30 level. Well, the negotiation continues. Support level can be found at 1.3010, break below would give the pair more pressure on the downside.

Still beleive in the bullish scenario in GBP/USD.

GBP/USD: The pair is waiting for Brexit talks. If a deal is achieved, the GBP/USD could test 1.3500. With no deal resolution, the pair could drop below 1.2500.

The pair is consolidating above the support at 1.2955, a breakout below that level could lead to a further move to the downside towards 1.2900.

The pair has dropped to the lowest point in 2 weeks, as long as GBP/Usd stay below 1.30 level, the negative momentum would be expected to continue.

At end of the day, there is still nothing new on Brexit negotiation which results GBP/Usd is lacking directional strength. The pair is consolidating below 1.30 level remain in the negative territory.

Good support level on the short term at 1.2720. Possibly it's worth thinking about a long position with a tight stop.

GBP/USD: A clear break and daily closure below 1.2925 would aim the pair to 1.2800.

The downside is not over just yet, I set my target at 1.2785.

Brexit uncertainty continues to weight in on the Pound, there are might be consolidation but the bearish potential remains strong, my target remains in sight.

GBP/Usd pressure remains on the downside, it seems the pair would continue consolidating within the range between 1.2846 to 1.2750.

The British pound rose against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.2831, adding 0.11%. I believe that support is now at around 1.2778, the low of Friday's trading, and resistance is likely to be the level of 1.3092 - a maximum of Monday.

Good support for gbp/usd - 1.2815. I believe, the pair is going to 1,2840, then to 1,2855 and, edventually, 1,2900 - intraday.

GBP/Usd is consolidating around 1.28 level while the pair remains strongly bearish. Immediate support 1.2775 is critical, break below would lead to further downward movements.

The GBP/USD pair broke the support at the double bottom of 1.2786 and is now trading at 1.2770. Let's see if it breaks further below 1.2660.

My opinion on GBP/USD:

The pair is oversold but bearish movements showing no stop sign, the next critical support handle can be found at 1.2700.