Edit Your Comment
GBP/USD daily outlook
Biedrs kopš
708 ieraksti
Nov 01, 2016 at 08:53
Biedrs kopš
708 ieraksti
Key levels to watch for:
Support: 1.2090; 1.1630;
Resistance: 1.2320; 1.2480; 1.2775.
Support: 1.2090; 1.1630;
Resistance: 1.2320; 1.2480; 1.2775.
Biedrs kopš
823 ieraksti
Nov 01, 2016 at 10:24
Biedrs kopš
823 ieraksti
GBP/USD is testing the resistance at 1.2250. I think that if it breaks out above that level it will reach 1.2330 again.
forex_trader_169700
Biedrs kopš
158 ieraksti
Biedrs kopš
74 ieraksti
Nov 01, 2016 at 12:50
Biedrs kopš
74 ieraksti
GBP/USD broke the 1.2270 resistance level but went down and is currently traded at around 1.2230. I would wait until the Bank of England interest rate announcement this Thursday before opening my next trades on the pair.
Biedrs kopš
834 ieraksti
Nov 03, 2016 at 00:31
Biedrs kopš
834 ieraksti
RichardBills posted:
GBP/USD broke the 1.2270 resistance level but went down and is currently traded at around 1.2230. I would wait until the Bank of England interest rate announcement this Thursday before opening my next trades on the pair.
I would agree with you to wait the Bank of England's economic policy meeting this Thursday.
Biedrs kopš
909 ieraksti
Biedrs kopš
823 ieraksti
Nov 06, 2016 at 11:15
Biedrs kopš
823 ieraksti
GBP/USD reached a high of 1.2556 this week, but I think that whether the move to the upside will continue depends on the US election results next week.
Biedrs kopš
834 ieraksti
Biedrs kopš
421 ieraksti
Nov 07, 2016 at 07:38
Biedrs kopš
421 ieraksti
The British Pound was up against the US Dollar on Friday. By the close of US trading GBP USD was trading at 1.2517, gaining 0.44%. I believe that the support is now located at the level of 1.2141, Monday's low, and resistance is likely at the level of 1.2557 - the maximum of Friday's trading.
Biedrs kopš
823 ieraksti
Nov 08, 2016 at 08:51
Biedrs kopš
823 ieraksti
GBP/USD is climbing after forming several spinning top bars on the four hour time frame and rebounding from the support at 1.2380 and under different circumstances I would've opened a long position, but with the US elections looming on the horizon I think I will refrain from any kind of trading.
Biedrs kopš
325 ieraksti
Nov 08, 2016 at 15:12
Biedrs kopš
325 ieraksti
Seems like the UK economy is slowing, James Warren, Research Fellow at NIESR, said “Our estimates suggest that economic
growth slowed in 2016Q3 to 0.4 per cent, from 0.7 per cent in 2016Q2. While retail sales
have been buoyant in recent months, the production sector has acted as a drag on
economic growth. We estimate that output from the production sector declined by 0.2 per
cent in the third quarter of this year.”
growth slowed in 2016Q3 to 0.4 per cent, from 0.7 per cent in 2016Q2. While retail sales
have been buoyant in recent months, the production sector has acted as a drag on
economic growth. We estimate that output from the production sector declined by 0.2 per
cent in the third quarter of this year.”
Biedrs kopš
823 ieraksti
Nov 09, 2016 at 10:29
Biedrs kopš
823 ieraksti
Trump won, but the impact on this pair actually ended up being negligible, at least for now. Yes, there was volatility, but the pair is now back where it was yesterday.
Biedrs kopš
325 ieraksti
Nov 09, 2016 at 10:32
Biedrs kopš
325 ieraksti
There will be volatility whle the market shake this off. Oil was 3% down, and safe haven pairs like USDJPY was down to 101.20 levels. GBPUSD didn't rocket, but was above 1.25. We will see when the US trading session if we can regain some stability.
Biedrs kopš
74 ieraksti
Nov 09, 2016 at 13:08
Biedrs kopš
74 ieraksti
Price is moving in a range of 150 pips in high volatility. Waiting for the trend to appear in the next couple of days but I expect the overall sentiment to be bullish. The fact that the Brexit decision was brought back to Parliament can strengthen the pound's positions.
Biedrs kopš
708 ieraksti
Nov 10, 2016 at 07:12
Biedrs kopš
708 ieraksti
On Wednesday, the dollar strengthend growth relative to other currencies as the US currency recovered from losses incurred on the background of the shocking news of the victory of Donald Trump in the presidential elections in the United States. GBP/USD rose by 0.32% to 1.2417, falling from a one-month high at 1.2548, reached earlier.
Biedrs kopš
325 ieraksti
Nov 11, 2016 at 13:46
Biedrs kopš
325 ieraksti
How far could this rally of GBP strengthening go? Dollar is stronger now than before the flash crash so we are this a bit behind, but GBPJPY have surpassed the pre-flashcrash levels with over 300 pip, EURGBP with over 150 pip, GBPCHF is around the level it was before, GBPCAD about 400 pip over.
Biedrs kopš
909 ieraksti
Biedrs kopš
421 ieraksti
Nov 13, 2016 at 08:41
Biedrs kopš
421 ieraksti
The British Pound was up against the US Dollar on Friday. By the close of US trading GBP/USD was trading at 1.2599, gaining 0.40%. I believe that the support is now located at the level of 1.2349, Wednesday's low and resistance is likely at the level of 1.2674 - the maximum of Friday's trading.
Biedrs kopš
708 ieraksti
Nov 13, 2016 at 21:47
Biedrs kopš
708 ieraksti
Key levels to watch for:
Support: 1.2460; 1.2300; 1.212;
Resistance: 1.2790.
Support: 1.2460; 1.2300; 1.212;
Resistance: 1.2790.
Biedrs kopš
834 ieraksti
Nov 14, 2016 at 00:29
Biedrs kopš
834 ieraksti
Markets were expecting chaos in the case of Trump won, but the uncertainty did not last for long. The pair is holding well in a positive territory while a small gap down to 1.255 level. Bullish trend might be extended this week.
*Spams netiks pieļauts, un tā rezultātā var slēgt kontu.
Tip: Posting an image/youtube url will automatically embed it in your post!
Tip: Type the @ sign to auto complete a username participating in this discussion.