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GBP/USD daily outlook
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 02, 2014
909 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 11, 2013
775 pos
Anggota Sejak Oct 02, 2014
909 pos
Mar 18, 2016 at 14:06
Anggota Sejak Dec 09, 2015
823 pos
arigoldman posted:
I exited my position, too uncertain.
I agree. It's testing the resistance at 1.4490 - 1.4500, but today's Friday and the market will close later today. It could break above the resistance, but I'm not sure how good of an idea it is to open such a new position at this time.
Mar 26, 2016 at 03:30
Anggota Sejak Nov 14, 2015
325 pos
It will likely return to 1.4070 - 1.4100 levels on Monday. No coming support for a rate hike from BOE, a hike from the Feds is still likely. All while you have brexit risk, with growing support. Telegraph poll about a week ago at 49% to leave - 47% to stay, all while leave was below 40 first half of 2015, and below 45 all of the remaing of the year, EU terrorism doesn't help the numbers.
Anggota Sejak Mar 28, 2016
93 pos
Mar 29, 2016 at 06:10
Anggota Sejak Mar 28, 2016
93 pos
The GBPUSD had a bearish momentum last week bottomed at 1.4057. The bias is bearish in nearest term testing 1.4050. A clear break and daily close below that area could trigger further bearish pressure testing 1.3900 area. Immediate resistance is seen around 1.4200. A clear break and daily close above that area could trigger further bullish pressure testing 1.4300 – 1.4400 area. My major technical outlook remains neutral but as long as stays below 1.4200 I prefer a bearish scenario at this phase.
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