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GBP/USD daily outlook
Jul 03, 2017 at 05:38
Anggota Sejak Apr 09, 2016
421 pos
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3028, adding 0.16%. I believe that support is now at around 1.2703, Monday's low, and resistance is likely at 1.3030, the high of Friday's trading.
Anggota Sejak Jul 10, 2014
1117 pos
Jul 04, 2017 at 16:18
Anggota Sejak Apr 09, 2016
421 pos
The British pound recorded a volatile session against the US dollar on Monday. The currency pair opened at 1.3002 and finished 65 pips lower. If the direction goes down, the pair will probably break the first support at 1.2700. On the upside, the pound will move to resistance at 1.3090.
Anggota Sejak Jul 10, 2014
1117 pos
Jul 05, 2017 at 14:19
Anggota Sejak Jul 10, 2014
1117 pos
The pair is testing the support at 1.2890 but even though it has not broken out below that level it is still very bearish, especially considering the hanging man candlestick that has formed on the daily time-frame at the resistance at 1.3030.
Anggota Sejak Oct 02, 2014
909 pos
Jul 08, 2017 at 20:00
Anggota Sejak Apr 09, 2016
421 pos
The British pound was down against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2891, losing 0.61%. I believe that support is now at the level of 1.2868, the low of Friday's trading, and the resistance is likely at the level of 1.3024 - the maximum of Monday.
Jul 09, 2017 at 07:23
Anggota Sejak Dec 31, 2014
94 pos
The GBPUSD had a bullish momentum yesterday topped at 1.2982. The bias is bullish in nearest term retesting 1.3050 key resistance which remains a good place to sell with a tight stop loss as a clear break and daily/weekly close above that area would activate my bullish mode targeting 1.3350 area next week. Immediate support is seen around 1.2925 area. A clear break below that area could lead price to neutral zone in nearest term testing 1.2875 region. Fundamental focus today will be on the US NFP number.
Top Forex Robot
Jul 09, 2017 at 07:24
Anggota Sejak Nov 14, 2015
325 pos
Devhuti posted:
The GBPUSD had a bullish momentum yesterday topped at 1.2982. The bias is bullish in nearest term retesting 1.3050 key resistance which remains a good place to sell with a tight stop loss as a clear break and daily/weekly close above that area would activate my bullish mode targeting 1.3350 area next week. Immediate support is seen around 1.2925 area. A clear break below that area could lead price to neutral zone in nearest term testing 1.2875 region. Fundamental focus today will be on the US NFP number.
Think this 'Forex Robot' is out of the loop, NFP was last week.
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Jul 10, 2014
1117 pos
Jul 12, 2017 at 12:35
Anggota Sejak Jul 10, 2014
1117 pos
The pair bounced off from 1.2860 after forming several very telling candlesticks above that level on the four-hour time-frame - namely an inverted hammer candlestick, a hammer candlestick and a doji candlestick. Next target is likely the last high at 1.2926.
Anggota Sejak Jul 13, 2017
1 pos
Anggota Sejak Nov 29, 2014
10 pos
Anggota Sejak Jul 10, 2014
1117 pos
Jul 13, 2017 at 14:32
Anggota Sejak Jul 10, 2014
1117 pos
GBP/USD not only reached 1.2926 but broke out above that level and reached a high 1.2955 before forming a shooting star candlestick on the one-hour time-frame and bouncing off the aforementioned high. Next target is likely 1.2900 or 1.2890, which is the (MA)89 indicator on the same one-hour time-frame.
Anggota Sejak Jul 10, 2014
1117 pos
Anggota Sejak Nov 29, 2014
10 pos
Jul 14, 2017 at 17:12
Anggota Sejak Nov 16, 2015
708 pos
On Thursday, the dollar did not find the strength to oppose the English currency. New 56 pips were added to pound assets during Thursday's session. The day was found at 1.2882 and the bottom of the bear came in the first minutes of the session at 1.2878. For almost the whole day, he had been subject to the whispers. The course reached a peak of 1.2954. At the end of the day a British pound was exchanged for $ 1.2938.
Jul 14, 2017 at 17:16
Anggota Sejak Apr 09, 2016
421 pos
Pound / dollar had a rising impulse yesterday, breaking the resistance 1.2925 after rebounding from the daily EMA 200, as seen on the daily chart. This fact closes the scenario of the downward pin bar. Expectations are up for testing the resistance of 1.3000 - 1.3050, which remains a good place to place sales with narrow stops above 1.3050. The closest support is seen at 1.2900. A clear breakthrough below this level can take the price to a neutral zone, the direction will become obscure, potentially testing 1.2850 / 15. I basically remain neutral to this pair.
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