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GBP/USD daily outlook
Uczestnik z Oct 02, 2014
909 postów
Jun 02, 2017 at 12:36
Uczestnik z Oct 02, 2014
909 postów
GBP/USD relatively unchanged after the NFP and Jobs report. Dollar index, however, down significantly.
Positivity
Uczestnik z Apr 09, 2014
834 postów
Jun 05, 2017 at 06:40
Uczestnik z Apr 09, 2014
834 postów
A small gap down, Cable trading almost flat below 1.29 level. All eyes on Election this week.
Uczestnik z Jul 10, 2014
1117 postów
Jun 05, 2017 at 14:35
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD moved to the upside again today and reached a new high at 1.2940 before it bounced off that level. Should it break out above that high it could continue rallying towards 1.3000.
Uczestnik z Dec 16, 2011
297 postów
Jun 06, 2017 at 06:39
Uczestnik z Dec 16, 2011
297 postów
victoriajensen posted:
GBP/USD moved to the upside again today and reached a new high at 1.2940 before it bounced off that level. Should it break out above that high it could continue rallying towards 1.3000.
but it won't . SELL GBP this week
Uczestnik z Feb 03, 2017
29 postów
Uczestnik z Feb 03, 2017
29 postów
Jun 07, 2017 at 11:49
Uczestnik z Jun 07, 2017
12 postów
At least as high. A Labour win would cause a very strong decline in GBP. But there would also be a lot of volatility following Conservative win. If it is a hung parliament then there would also be a fall. I'm tempted to take a short with a 200 pips SL and target 1.23
Uczestnik z Feb 03, 2017
29 postów
Jun 07, 2017 at 14:53
Uczestnik z Feb 03, 2017
29 postów
Due to USD yield falling, in an event of a hung parliment, GBP may indeed fall about 500 pips but it will rebound and retake the previous level of 1.29 and given a while will edge higher.
Don't panic over drawdown, instead manage it !!
Uczestnik z Dec 16, 2011
297 postów
Jun 08, 2017 at 06:07
Uczestnik z Dec 16, 2011
297 postów
May is going to WIN thats for sure .
pound is going to RISE big time in around 1.50 ( Pre Brexit levels ) ...
thats what i think .
pound is going to RISE big time in around 1.50 ( Pre Brexit levels ) ...
thats what i think .
Uczestnik z Apr 09, 2014
834 postów
Jun 08, 2017 at 06:38
Uczestnik z Apr 09, 2014
834 postów
Cable rise up to around 1.296 level, risk remains on the upside, next resistance level located at 1.3000. With UK election today, the result and market reaction towards it are unpredictable. I would be very cautions.
Uczestnik z Jul 10, 2014
1117 postów
Jun 08, 2017 at 13:54
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD is testing the support at 1.2920 and a breakout below that level is quite possible, but nothing is certain until the results of the general election in the UK come out later today.
Uczestnik z Apr 09, 2016
421 postów
Jun 08, 2017 at 22:08
Uczestnik z Apr 09, 2016
421 postów
The pound-dollar currency pair opened the day at 1.2907 on Wednesday, and by the end of the session the British currency added another 50 pips to its asset. No breakthroughs at key levels were reached. Before noon the bears reached their bottom at 1.2887. The next hour of the course gradually rose to reach a peak at 1.2965.
Uczestnik z Nov 14, 2015
325 postów
Jun 09, 2017 at 00:01
Uczestnik z Nov 14, 2015
325 postów
dmaggio posted:Polls are not very useful when it is seat for seat, you can win 70% on a poll, but win 30% of the seats since polls are usually by voters and some districts are big.
Is the majority of the volatility finished in this pair for the next several days? Any possibility of another major sudden movement? Any polls set to still come out?
Uczestnik z Feb 03, 2017
29 postów
Uczestnik z Apr 09, 2016
421 postów
Jun 09, 2017 at 15:48
Uczestnik z Apr 09, 2016
421 postów
The pound-dollar currency pair recorded a volatile session before the parliamentary elections in the UK. The pound lost 6 pips after the opening day of the day was 1.2957, and the last day's quote remained 1.2951. Today's extreme values remained respectively at 1.2977 and bottom at 1.2907.
Uczestnik z Nov 16, 2015
708 postów
Jun 09, 2017 at 16:30
Uczestnik z Nov 16, 2015
708 postów
Key levels to watch for:
Support: 1.2860; 1.2690;
Resistance: 1.3030; 1.3220; 1.3440.
Support: 1.2860; 1.2690;
Resistance: 1.3030; 1.3220; 1.3440.
Uczestnik z Nov 14, 2015
325 postów
Jun 09, 2017 at 17:52
Uczestnik z Nov 14, 2015
325 postów
Conservatives did not get a majority. As such the risk for political instability have increased. What gave the fuel to boost the pound are now over, I think the pair is likely to stay continue below 1.27 just as before the election announcement.
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