GBP/USD daily outlook
Biedrs kopš
834 ieraksti
Aug 27, 2017 at 23:50
arigoldman posted:
Difficult to trade lately... I hope it gets more clear next week.
Gbp/Usd might take u-turn next week.
Biedrs kopš
1117 ieraksti
Aug 29, 2017 at 15:19
GBP/USD bounced off from 1.2975 after forming a spinning top candlestick on the four-hour time-frame at that level. It will likely retrace back to 1.2900, which is the (MA)89 indicator on the same four-hour time-frame.
Biedrs kopš
909 ieraksti
Sep 01, 2017 at 20:38
The pair is difficult to trade lately. I'm waiting for better days.
Positivity
Biedrs kopš
834 ieraksti
Sep 04, 2017 at 00:05
Brexit negotiations are showing ''no progress'', so does Pound. The pair is consolidating around 1.2950/60, no clear directional strength.
Biedrs kopš
29 ieraksti
Sep 04, 2017 at 14:01
Pound is bull on daily bars. few hammers on 100 dma, and 10 dma. higher lows were built up. So, buy any dips to accumulate positions. or buy breakout entry @1.3000.
Biedrs kopš
1117 ieraksti
Sep 05, 2017 at 17:25
GBP/USD moved to the upside today and finally reached the resistance at 1.3030. A breakout above that level could lead to another rally to 1.3100.
Biedrs kopš
1117 ieraksti
Sep 06, 2017 at 17:35
GBP/USD reached a high at 1.3080 before it bounced off from that level and formed a shooting star candlestick on the four-hour time-frame. If the signal for a move to the downside is valid there will likely be a drop to 1.2900.
Biedrs kopš
909 ieraksti
Sep 07, 2017 at 12:13
Pair is being dormant lately, Maybe September will act as a catalyst.
Positivity
Biedrs kopš
834 ieraksti
Sep 11, 2017 at 06:40
While the pair maintains strong upward momentum, rising to resistance level at 1.3225, the lack of progress on Brexit talking could hold back the gains this week.
Biedrs kopš
909 ieraksti
Sep 11, 2017 at 13:46
Good day for the British Pound, up substantially against all peers.
Positivity
Biedrs kopš
1117 ieraksti
Sep 11, 2017 at 17:28
(labots Sep 11, 2017 at 17:34)
GBP/USD formed a double top at 1.3223 and it also formed a shooting star candlestick on the four-hour time-frame. Both are signals for a move to the downside and if they are valid next target will likely be around 1.3120, which is the (MA)89 indicator on the one-hour time-frame.
Biedrs kopš
1117 ieraksti
Sep 14, 2017 at 17:21
GBP/USD sharply moved to the upside today after the Bank of England announced it is keeping the interest rate unchanged at 0.25%. Next target is likely at 1.3500.
Biedrs kopš
1117 ieraksti
Sep 15, 2017 at 17:17
GBP/USD not only reached 1.3500 but broke out above that level and reached a new high at 1.3615. The pair will probably continue rallying towards 1.3700.
Biedrs kopš
421 ieraksti
Sep 17, 2017 at 14:55
The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3590, gaining 1.44%. I believe that support is now at 1.3159, Monday's low, and resistance is likely at 1.3616, the high of Friday's trading.
Biedrs kopš
834 ieraksti
Sep 18, 2017 at 06:32
victoriajensen posted:
GBP/USD not only reached 1.3500 but broke out above that level and reached a new high at 1.3615. The pair will probably continue rallying towards 1.3700.
I agree, but I'm expecting consolidation in the beginning of the week before the pair uptrend extend further.
Biedrs kopš
1117 ieraksti
Sep 18, 2017 at 16:12
The GBP/USD bullish trend is stalling for now, the pair formed a double top at 1.3618, as well as a shooting star candlesitck at that level on the one-hour time-frame before falling moving sharply to the downside. Next target is likely at 1.3425, which is the (MA)89 indicator on the same one-hour time-frame.
Biedrs kopš
909 ieraksti
Sep 18, 2017 at 17:14
Somehow neutral after the event today. Not much of an impact.
Positivity
Biedrs kopš
834 ieraksti
Sep 19, 2017 at 14:32
Gbp/Usd continues its corrective movement with slight pull back, short term support can be seen around 1.3450/40 and resistance around 1.3620/10. Possible opportunity open for buy in dips.
Biedrs kopš
1117 ieraksti
Sep 19, 2017 at 18:01
GBP/USD is testing the support at 1.3470 - 1.3460 and depending on the fundamentals tomorrow it may break out below those levels and continue moving to the downside. Another rally, on the other hand, would likely mean a test of and a possible breakout above 1.3618.
Biedrs kopš
1117 ieraksti
Sep 20, 2017 at 17:06
GBP/USD rallied again to test the resistance at 1.3618, but whether it will succeed in breaking out above that level depends on the fundamentals coming out later today.
