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GBP/USD daily outlook
Biedrs kopš
3 ieraksti
Biedrs kopš
775 ieraksti
Jul 05, 2016 at 05:24
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775 ieraksti
No clear direction yet on the GBPUSD, but the bearish trend is still in place. Lets see if it manages to break below the 1.3200 level or if it bounce back up.
Biedrs kopš
708 ieraksti
Jul 05, 2016 at 08:23
Biedrs kopš
708 ieraksti
The British pound registered a rise against the US dollar on Monday. After a volatile session, the pound added 35 pips at a closing price of 1.3281. The graphics continue to develop under moving averages, while the index of relative strength remained on neutral territory. If prices continue to rise the pair will head towards resistance at 1.3480. On the downside, we can expect a break of the support at 1.3200.
Biedrs kopš
2 ieraksti
Jul 06, 2016 at 06:49
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2 ieraksti
It's now on 1.30 can it bounce back and hit 1.32 again?
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834 ieraksti
Jul 06, 2016 at 22:09
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834 ieraksti
GBP/USD barely moved after the FOMC minutes, trading just above 1.29 level, failed to regain 1.30 level, next support zone can be found around 1.27/26 zone.
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834 ieraksti
Jul 10, 2016 at 22:59
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834 ieraksti
Pound continues to the downside with immediate strong support zone around 1.2780-1.2900, further decline might be expected if break the support zone.
Biedrs kopš
78 ieraksti
Jul 12, 2016 at 07:04
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78 ieraksti
The GBPUSD was indecisive yesterday, but traded higher earlier today in Asian session hit 1.3091. This fact gives the hammer formation bullish scenario a better chance. The bias is bullish in nearest term testing 1.3220 region. Immediate support is seen around 1.3000. A clear break back below that area could lead price to neutral zone in nearest term testing 1.2950 – 1.2900 region. Overall I remain bearish but as long as stay above 1.2900 – 1.2950 price is still in a bullish correction bias.
Biedrs kopš
421 ieraksti
Jul 12, 2016 at 16:46
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421 ieraksti
The British pound started the week with an increase, recording a second consecutive positive session. The pair climbed 41 pips to 1.2991, but remained at a record low for the past 31 years levels. The daily limit values were noted at 1.3017 and 1.2850. Bears remain in a leading position, but relative strength index issued for weakness. Break of 1.3110 will contribute to positive attitudes with probable next target 1.3530.
Biedrs kopš
708 ieraksti
Jul 12, 2016 at 19:42
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708 ieraksti
On Tuesday, the dollar falls against other major currencies as investors shifted attention to the forthcoming meeting of global central banks on expectations of additional stimulus measures from their side.
GBP/USD rose to 1.3267, rebounding from a 31-year low of 1.2794 reached last Wednesday.
GBP/USD rose to 1.3267, rebounding from a 31-year low of 1.2794 reached last Wednesday.
forex_trader_29148
Biedrs kopš
1916 ieraksti
Jul 12, 2016 at 21:04
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1916 ieraksti
idimitrov posted:
The British pound started the week with an increase, recording a second consecutive positive session. The pair climbed 41 pips to 1.2991, but remained at a record low for the past 31 years levels. The daily limit values were noted at 1.3017 and 1.2850. Bears remain in a leading position, but relative strength index issued for weakness. Break of 1.3110 will contribute to positive attitudes with probable next target 1.3530.
that's called a market change
Biedrs kopš
775 ieraksti
Jul 12, 2016 at 22:45
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775 ieraksti
The GBPUSD rallies, but it may just be a pullback to continue with its bearish trend on the daily chart. The 1.2800 level may continue acting as support and the 1.3532 as resistance.
Biedrs kopš
708 ieraksti
Jul 13, 2016 at 12:19
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708 ieraksti
Trading sentiments for GBP/USD today: to buy above 1.3180 with targets 1.3350 and 1.3425. Alternative scenario: The downside breakout level of 1.3180 will open the way to 1.3110 and 1.3045.
Biedrs kopš
421 ieraksti
Jul 13, 2016 at 16:35
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421 ieraksti
Due to the forthcoming meeting of the Bank of England, the attention of market participants are still focused on the price dynamics of the British pound. After renewing the maximum in the Asian session GBP/USD corrected to 1.3336 to 1.3220. After a brief correction the pair has recovered to 1.3296. Currently pound against the US dollar is quoted at 1.3162.
Biedrs kopš
1117 ieraksti
Jul 15, 2016 at 10:40
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1117 ieraksti
GBP/USD couldn't break above the resistance at 1.3480, formed a double top there and then a hanging man candlestick below that level on the four-hour time-frame and naturally started falling. Next target is likely 1.3280.
Biedrs kopš
421 ieraksti
Jul 17, 2016 at 08:44
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421 ieraksti
After rising the previous days GBP is losing ground, indicating a return to average values. The clearest manifestation of the weakness of sterling can be seen in the GBP/USD pair dynamics.
Biedrs kopš
708 ieraksti
Jul 17, 2016 at 09:45
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708 ieraksti
The British pound fell against the dollar on Friday. At the close of trading session GBP/USD is traded at 1.3179, shedding by 1.20%. I believe that the support is now located at the level of 1.2849, Monday's low, and resistance is likely to be at the level of 1.3481 - the maximum of Friday's trading.
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909 ieraksti
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834 ieraksti
Jul 17, 2016 at 23:26
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834 ieraksti
The Pound broke 1.3200 level due to ''encouraging news of Australia has already approached the UK for a free trade deal following its exit from the European Union''.
Biedrs kopš
775 ieraksti
Jul 18, 2016 at 03:35
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775 ieraksti
The GBPUSD may form an inverted head and shoulders pattern on the daily chart if the price goes back up.
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1117 ieraksti
Jul 18, 2016 at 10:36
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1117 ieraksti
The pair is forming a flag on the one-hour time-frame, there will likely be a new move to the downside again with target 1.3130.
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