Edit Your Comment
GBP/USD daily outlook
Biedrs kopš
1487 ieraksti
Mar 06, 2016 at 10:01
Biedrs kopš
1487 ieraksti
It's currently testing the resistance at 1.4220, a breakout above that level will mean it will likely continue rising much higher.
Biedrs kopš
775 ieraksti
Mar 08, 2016 at 06:10
Biedrs kopš
775 ieraksti
Even though the GBPUSD is trying to stall its rally, if the pair continues higher, then the 55 day EMA may act as resistance, around the 1.4353.
Biedrs kopš
775 ieraksti
Mar 08, 2016 at 23:51
Biedrs kopš
775 ieraksti
It seems like the GBPUSD wants to come back down, now the bullish correction is losing its momentum.
Biedrs kopš
909 ieraksti
Biedrs kopš
823 ieraksti
Mar 14, 2016 at 15:03
Biedrs kopš
823 ieraksti
The pair found resistance at 1.4390 and formed a doji candlestick on the daily time frame, I think it will retrace back to 1.4300 or lower.
Biedrs kopš
775 ieraksti
Mar 15, 2016 at 05:32
Biedrs kopš
775 ieraksti
The Bank of England may decide the direction on the GBPUSD during this week, but to far the pair may try to go lower.
Biedrs kopš
823 ieraksti
Mar 15, 2016 at 13:38
(labots Mar 15, 2016 at 13:40)
Biedrs kopš
823 ieraksti
I agree. In my opinion the next level of support is at 1.4120 but it may fall lower than that level.
Biedrs kopš
775 ieraksti
Mar 15, 2016 at 23:34
Biedrs kopš
775 ieraksti
Even though the GBPUSD dropped for today, the pair may end up consolidating around the 1.4200 and 1.4100 zone until the FED announcement.
Biedrs kopš
823 ieraksti
Mar 16, 2016 at 12:05
Biedrs kopš
823 ieraksti
It's testing 1.4100 at the moment. If it breaks below that level the next immediate target is 1.4060 - 1.4050.
Biedrs kopš
297 ieraksti
Mar 17, 2016 at 07:15
Biedrs kopš
297 ieraksti
dianajs posted:
It's testing 1.4100 at the moment. If it breaks below that level the next immediate target is 1.4060 - 1.4050.
good call .. 30 pips in the bag if you managed to get in .
Biedrs kopš
297 ieraksti
Biedrs kopš
823 ieraksti
Mar 17, 2016 at 11:53
Biedrs kopš
823 ieraksti
DrVodka posted:
more like 300 pips by now ..
Fed quite an effect on it. And it will continue rising, the way it's going. It will probably reach 1.4400.
Biedrs kopš
909 ieraksti
Mar 18, 2016 at 08:51
Biedrs kopš
909 ieraksti
I exited my position, too uncertain.
Positivity
Biedrs kopš
823 ieraksti
Mar 18, 2016 at 14:06
Biedrs kopš
823 ieraksti
arigoldman posted:
I exited my position, too uncertain.
I agree. It's testing the resistance at 1.4490 - 1.4500, but today's Friday and the market will close later today. It could break above the resistance, but I'm not sure how good of an idea it is to open such a new position at this time.
Biedrs kopš
5 ieraksti
Mar 24, 2016 at 07:00
Biedrs kopš
5 ieraksti
Looking for the 1.4110 if it breaks it......down to the 1.4053
Biedrs kopš
823 ieraksti
Mar 24, 2016 at 13:49
Biedrs kopš
823 ieraksti
32IN12Yes posted:
Looking for the 1.4110 if it breaks it......down to the 1.4053
It's still testing that support but will break below it, I think. I'm not sure whether it will reach 1.4050, but I think it will reach at least 1.4070.
Biedrs kopš
325 ieraksti
Mar 26, 2016 at 03:30
Biedrs kopš
325 ieraksti
It will likely return to 1.4070 - 1.4100 levels on Monday. No coming support for a rate hike from BOE, a hike from the Feds is still likely. All while you have brexit risk, with growing support. Telegraph poll about a week ago at 49% to leave - 47% to stay, all while leave was below 40 first half of 2015, and below 45 all of the remaing of the year, EU terrorism doesn't help the numbers.
Biedrs kopš
1487 ieraksti
Mar 26, 2016 at 09:47
Biedrs kopš
1487 ieraksti
I too think it will fall towards 1.4070. Once it reaches that support it will become clearer whether it will continue falling or not.
Biedrs kopš
93 ieraksti
Mar 29, 2016 at 06:10
Biedrs kopš
93 ieraksti
The GBPUSD had a bearish momentum last week bottomed at 1.4057. The bias is bearish in nearest term testing 1.4050. A clear break and daily close below that area could trigger further bearish pressure testing 1.3900 area. Immediate resistance is seen around 1.4200. A clear break and daily close above that area could trigger further bullish pressure testing 1.4300 – 1.4400 area. My major technical outlook remains neutral but as long as stays below 1.4200 I prefer a bearish scenario at this phase.
Biedrs kopš
823 ieraksti
Mar 29, 2016 at 12:56
Biedrs kopš
823 ieraksti
I agree, I think the pair is headed towards 1.4400, maybe even 1.4440.
*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.