GBP/USD daily outlook

Nov 06, 2015 at 12:23
39,696 Views
1,302 Replies
Member Since Oct 11, 2013   775 posts
Jan 09, 2019 at 19:25
The GBPUSD has not been able to break above the 1.2800 level but the bullish momentum should accelerate if it confirms a breakout above that level. The 1.2900 level could be its next resistance and the 1.2700 level could be its next support.
Member Since Sep 15, 2017   2 posts
Jan 11, 2019 at 06:53
Turtle eur is short in the gbp usd. I have already closed the position with some loss. It should be back to level 1.2700. Then I think it will be closed and whe can expect new trades. I hope for the investors that it will recover soon.
Member Since Jul 20, 2017   70 posts
Feb 07, 2019 at 07:07
We trade mostly gbpusd so we are pretty good in this pair. Until Brexit the pair will be from 1.28 to 1.31
Trade like a robot
Member Since Nov 09, 2018   212 posts
Feb 07, 2019 at 12:04
It seems the GBPUSD has the nearest support on 1.2820. But the wave analysis shows the following growth on this pair to 1.2965 level
#AnthonyWins
Member Since Nov 09, 2018   212 posts
Feb 11, 2019 at 11:05
GBP is under pressure due to the disappointing UK data. This pressure is likely to increase with the coming March 29 deadline.
The nearest support is 1.2852 and then 1.2826 level. The 1.2969 level will be the resistance for growing.
#AnthonyWins
Member Since Jan 25, 2019   11 posts
Feb 12, 2019 at 14:41
Economic outlook is looking worse and worse for UK. If bad brexit then could be serious economic problem for UK. I am only looking to short now gbp pair
Member Since Nov 09, 2018   212 posts
Feb 13, 2019 at 11:19
GBP news: CPI rose at an annual rate of 1.8 percent.
GBP/USD may to fall further. The nearest support is 1.28732. In order to gain confidence in bulls, GBP/USD must break through resistance 1.28971.
#AnthonyWins
forex_trader_678699
Member Since Feb 06, 2019   12 posts
Feb 17, 2019 at 07:40
Trump saying that trade with UK will increase caused GBP to go on a mad bull run late on Friday...likely to continue to head towards 1.32.
Member Since Oct 11, 2013   775 posts
Feb 19, 2019 at 03:17
The GBPUSD goes back to the 1.2900 level where we can also find the 55 day EMA. The pair is consolidated around that zone with a good resistance at the 200 day EMA, just below the 1.3000 level.
Member Since Nov 09, 2018   212 posts
Feb 26, 2019 at 13:09
GBPUSD is growing now and will continue to grow if trend support is not broken. Resistance for growth will be at 1.3200. In case of a trend break, the support will be at 1.3084.



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#AnthonyWins
Member Since Apr 06, 2018   254 posts
Feb 27, 2019 at 07:17
I am bullish on GBPUSD and an open position at 1.3264 with 65pips trailing stop.
The market will trade through it’s path of least resistance .
Member Since Mar 04, 2019   15 posts
Mar 05, 2019 at 07:28
At the moment, trading at GBPUSD is Very risky, I think it's better to wait until the end of the month until the situation with Brexit is resolved.
Member Since Nov 09, 2018   212 posts
Mar 12, 2019 at 13:10
GBPUSD is growing after Brexit news, and got some correction after GDP data.
I see the 5 waves Elliot impulse forming, through the 1.3300 resisance.
But in the case of impulse cancellation, I see the further 1.3046 suport test.




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#AnthonyWins
Member Since Oct 11, 2013   775 posts
Mar 12, 2019 at 20:17
300 pip range for the GBPUSD during yesterday's and today's sessions. The pair is very volatile with no clear direction. The trading range stays between the 1.3300 zone and the 1.3000 zone. A breakout of either level may accelerate its momentum in the direction of the breakout.
Member Since Jul 12, 2016   78 posts
Mar 14, 2019 at 11:02
Short is active on GBPUSD
Member Since Feb 28, 2019   10 posts
Mar 26, 2019 at 12:09
It is pointless trying to use technical analysis now on GBP pair. Brexit dominates everything and that will only change once there is a deal. Even the best technical set up will be destroyed by a annoucement about a potential deal
Member Since Apr 03, 2019   11 posts
Apr 03, 2019 at 10:00
You say that but if you look at the charts the normal chart patterns are holding very well. Sure there are some reversals that blow through stops but on the 1 hourly anyway there are still good technical trades
Member Since Jul 12, 2016   78 posts
Apr 03, 2019 at 11:29
Buy GBPUSD TP:1.32
Member Since Dec 31, 2014   94 posts
Apr 03, 2019 at 11:29
GBPUSD Possible to come at 1.32
Top Forex Robot
Member Since Apr 09, 2019   24 posts
Apr 16, 2019 at 05:32
darisa posted:
brexit will be prolonged, so it is possible to up 1.32 and more....

You are very right
Slow but Profiting
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