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GBP/USD daily outlook
Anggota Sejak Oct 11, 2013
775 pos
Sep 20, 2018 at 02:09
Anggota Sejak Oct 11, 2013
775 pos
This Wednesday's daily candle on the GBPUSD is in the shape of a doji with relative long shadows, this is an indication of indecision, but with high volatility. the pair may continue to the 1.3300 level or it may pull back to the 1.3000 level.
Anggota Sejak Sep 01, 2018
18 pos
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909 pos
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210 pos
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1117 pos
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18 pos
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909 pos
Anggota Sejak Sep 18, 2018
11 pos
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909 pos
Anggota Sejak Dec 10, 2017
210 pos
Oct 02, 2018 at 14:52
Anggota Sejak Nov 16, 2015
708 pos
GBP/USD continued the move down yesterday, making a bottom at 1.3011. The outlook remains bearish in the short term, but I recall the need for a clear break below the psychological level of 1.3000 for the restoration of the descending rally for the 1.2935 test. Immediate resistance is seen at 1.3090. A clear breakthrough over it may take the price to a neutral zone, but while it remains below 1.3175, I still prefer the bearish scenario at this stage. And any upward pressure should be considered as a good opportunity for short positions.
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