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GBP/USD daily outlook
Nov 14, 2016 at 13:52
Anggota Sejak Nov 16, 2015
708 pos
The British pound record third consecutive day of gains against the dollar on Friday and second positive week. The price climbed by 45 pips for the day to 1.2597. The daily limit values were reached respectively at 1.2672 and 1.2524. RSI develops in positive territory as the price remains above the rising moving averages, supporting positive attitudes.
Nov 14, 2016 at 14:20
Anggota Sejak Apr 09, 2016
421 pos
Pound / dollar last week continued its upward movement, formed a peak of 1.2673 but closed lower at 1.2597 and hit 1.2491 earlier today. Trade signals are neutral, but as long as price remains above 1.2330, the pair is still in bullish phase as part of the bullish scenario of the formation hammer (daily chart) with goals in the region of 1.2790. First support is 1.2450. Intraday resistance at 1.2600 followed by 1.2650.
Nov 15, 2016 at 14:42
Anggota Sejak Apr 09, 2016
421 pos
The British pound erased some of its gains last week on Monday. GBP/USD broke three-day winning streak yesterday, reporting a drop of 88 pips to 1.2485. The pair traded within the extreme values 1.2591 and 1.2443. Despite the decline, the bulls remain in the leading position. Break 50-period average, however, will test their capacity by a further test of 1.2350.
Anggota Sejak Jul 10, 2014
1117 pos
Nov 17, 2016 at 12:46
Anggota Sejak Jul 10, 2014
1117 pos
GBP/USD bounced off the support at 1.2420 which coincides with the (MA)89 indicator on the four-hour time-frame after forming spinning top bars above that level on both the daily and four-hour time frames. Next target is likely at 1.2600.
Anggota Sejak Oct 02, 2014
909 pos
Nov 25, 2016 at 07:43
Anggota Sejak Apr 09, 2016
421 pos
On Thursday, the dollar was almost unchanged at 14-year peak against other major rivals amid lingering optimism over the US economy, while trade volumes remained fragile due to Thanksgiving. GBP/USD is stable at 1.2447. Nearest levels of support and resistance are respectivly at 1.2320 and 1.2500.
Nov 25, 2016 at 08:36
Anggota Sejak Nov 16, 2015
708 pos
The pound recorded choppy trade against the dollar on Thursday. Ultimately opening price was close to closing, respectively, 1.2437 and 1.2446. The trend has been volatile, and the difference between the highest and lowest value for the day was 93 pips. If the pound justify positive expectations, the pair will test resistance at 1.2529 soon.
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Nov 15, 2016
5 pos
Anggota Sejak Feb 19, 2014
61 pos
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