GBP/USD daily outlook

Nov 06, 2015 at 12:23
45,497 Views
1,302 Replies
Biedrs kopš   229 ieraksti
Sep 19, 2018 at 22:07 (labots Sep 19, 2018 at 22:09)
Brexit developments continue to be the main driver of the pair, regardless of the inflation data GBP/Usd seems to start gaining downward traction. Immediate support can be found at 1.3090/95 zone.
Sep 20, 2018 at 02:09
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.
Biedrs kopš   708 ieraksti
Sep 20, 2018 at 05:33
GBP/USD: 1.3220 is a good historical resistance from mid-July. If the pair manages to break it, the next level is 1.3300. On the flip side, 1.3050 is the next support level (end of August), followed by 1.2920.
Sep 21, 2018 at 05:51
GBPUSD BULLISH
If you want the currency we got the advantage.
Sep 21, 2018 at 08:25
GBPUSD broke the resistance, next level is 1.3360, will be looking to open short there.
Positivity
Sep 21, 2018 at 15:24
Sharp rise, followed by even sharper drop in GBP/USD. The price bounced down from 1.3300 and if the pair manages to break the strong support 1.3070, the next level is 1.3000, then 1.2910.
Sep 21, 2018 at 16:46
The pair fell with over 200 pips today, from 1.3280 to 1.3055. Next week there will likely be a retracement before the move to the downside continues.
Biedrs kopš   708 ieraksti
Sep 22, 2018 at 12:45
GBP/USD: Judging by the close of week's trade, I prefer the bearish scenario.
Sep 25, 2018 at 07:45
GBPUSD 1.30 - 1.32 range bound forecast this week.
If you want the currency we got the advantage.
Biedrs kopš   708 ieraksti
Sep 25, 2018 at 07:53
GBP/USD: The pair is extremely calm since the beginning of the week. I am waiting for a clear direction for opening a position.
Sep 25, 2018 at 17:43
GBPUSD moved lower, hopefully this week there will be an uptick to first res at 1.3365.
Positivity
Biedrs kopš   708 ieraksti
Sep 26, 2018 at 14:10
GBP/USD: Ahead of FOMC, the pair holds steadily above 1,3150. Let's see how the FOMC minutes will affect the pair, but so far it shows signs of stability.
Sep 27, 2018 at 11:03
Price drop after FOMC but support is coming in. Price could go back up to 1.3280 if we get some good economic data from UK
Biedrs kopš   708 ieraksti
Sep 27, 2018 at 12:31
The pound is turning its direction. Healing slowly. Forming upside channel and the next stop would be 1.3200.
Biedrs kopš   708 ieraksti
Sep 28, 2018 at 06:45
GBP/USD: The pair fell sharply as the dollar rose against all majors. The next level to look for is 1.3050.
Sep 28, 2018 at 11:40
Neutral for the time being, waiting for fresh new developments.
Positivity
Biedrs kopš   708 ieraksti
Sep 29, 2018 at 19:13
GBP/USD: Next stop - 1.2910. After that it's time for an upwards correction.
Biedrs kopš   10 ieraksti
Oct 01, 2018 at 14:50
Why 1.2910? Looks like a stronger support at around 1.28. With brexit news the price could do anything at all
Oct 01, 2018 at 15:33
This week GBP/USD may test 1.2950
Biedrs kopš   708 ieraksti
Oct 02, 2018 at 14:52
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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