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GBP/USD daily outlook
Uczestnik z Jul 10, 2014
1117 postów
Nov 07, 2017 at 19:26
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD bounced off from 1.3030 again and the pair formed a double bottom at that level. There will likely be a new move to the upside towards 1.3300.
Uczestnik z Nov 16, 2015
708 postów
Nov 08, 2017 at 09:29
Uczestnik z Nov 16, 2015
708 postów
The British pound recorded a neutral session against the US dollar on Tuesday. The currency pair opened at 1.3169 and the pound lost only 4 pips. Daytime extreme values were reached at 1.3177 and 1.3108 respectively. If the bullish trend of the last few sessions persists, there may be a break in the first resistance at 1.3260.
Uczestnik z Nov 16, 2015
708 postów
Nov 08, 2017 at 09:30
Uczestnik z Nov 16, 2015
708 postów
Key levels to watch for:
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;
Uczestnik z Apr 09, 2016
421 postów
Nov 08, 2017 at 11:36
Uczestnik z Apr 09, 2016
421 postów
deresel posted:
Key levels to watch for:
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;
Interesting forecast! :)
Uczestnik z Apr 09, 2016
421 postów
Nov 08, 2017 at 11:38
Uczestnik z Apr 09, 2016
421 postów
Pound/dollar was hesitant yesterday. The price attempted to decline, making a bottom of 1.3108, but closing higher at 1.3165. The signals are ascending in the short term for the testing of 1.3270, but the key resistance remains 1.3330. The closest support is 1.3130. A clear break below it could take the price to a neutral trading area with testing at 1.3075/50, but an important support remains 1.3000. Overall, I'm up.
Uczestnik z Oct 02, 2014
909 postów
Nov 08, 2017 at 13:21
Uczestnik z Oct 02, 2014
909 postów
What caused the drop in Sterling today?
Positivity
Uczestnik z Oct 02, 2014
909 postów
Nov 10, 2017 at 13:21
Uczestnik z Oct 02, 2014
909 postów
The pair seems to be trading sideways.
Positivity
Uczestnik z Jul 10, 2014
1117 postów
Nov 10, 2017 at 19:02
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD is bullish and it will likely continue climbing next week. That said, for a further rally above the sideways consolidation to be confirmed it will have to break out above the last high at 1.3337.
Uczestnik z Apr 09, 2014
834 postów
Nov 13, 2017 at 07:29
Uczestnik z Apr 09, 2014
834 postów
Gbp/Usd opens the week with bearish gap, support can be found at 1.3037, I'm expecting further decline if breaks below it.
Uczestnik z Nov 16, 2015
708 postów
Nov 14, 2017 at 17:45
Uczestnik z Nov 16, 2015
708 postów
The pound lost positions against the dollar on Monday. The British currency interrupted the positive impulse from Friday and collapsed. As a result, support at 1.3071 was broken. Short-term expectations remain in favor of the dollar. The session was opened at lower levels compared to the end of last week, with the trend predominantly bearish. After the bottom of the day was hit at 1.3061 the direction was changed and the final was set at a rate of 1.3114.
Uczestnik z Nov 16, 2015
708 postów
Nov 14, 2017 at 17:46
Uczestnik z Nov 16, 2015
708 postów
Key levels to watch for:
Support: 1.3071; 1.3024;
Resistance: 1.3279; 1.3334;
Support: 1.3071; 1.3024;
Resistance: 1.3279; 1.3334;
Uczestnik z Apr 09, 2016
421 postów
Nov 17, 2017 at 09:51
Uczestnik z Apr 09, 2016
421 postów
The pound recorded a positive session against the dollar on Thursday. The British currency continued the bullish trend since Tuesday, but a key breakthrough was not reached. Trading was open at 1.3170 and the final was 23 pips higher. The session was extremely volatile, with the difference between the highest and the lowest for the day being 71 pips.
forex_trader_473897
Uczestnik z Nov 09, 2017
2 postów
Nov 19, 2017 at 08:23
Uczestnik z Nov 09, 2017
2 postów
idimitrov posted:
The pound recorded a positive session against the dollar on Thursday. The British currency continued the bullish trend since Tuesday, but a key breakthrough was not reached. Trading was open at 1.3170 and the final was 23 pips higher. The session was extremely volatile, with the difference between the highest and the lowest for the day being 71 pips.
Thanks for the udpate.
Uczestnik z Apr 09, 2014
834 postów
Nov 20, 2017 at 07:46
Uczestnik z Apr 09, 2014
834 postów
Gbp/Usd continue ranging between 1.302 and 1.325 with limited upward strength. The market continue to focus on Brexit.
Uczestnik z Nov 16, 2015
708 postów
Nov 20, 2017 at 18:31
Uczestnik z Nov 16, 2015
708 postów
The British pound recorded a modest rise against the US dollar on Friday. The currency pair started at 1.3192 and the pound recorded a volatile session. The price jumped from the resistance at 1.3260 and the pair finished at 1.3216. Breaking the levels at 1.3260 or 1.3100 will be indicative of prevailing attitudes.
Uczestnik z Nov 16, 2015
708 postów
Nov 20, 2017 at 18:32
Uczestnik z Nov 16, 2015
708 postów
Key levels to watch for:
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;
Support: 1.3100; 1.2975;
Resistance: 1.3260; 1.3440;
Uczestnik z Feb 12, 2016
522 postów
Nov 21, 2017 at 15:31
Uczestnik z Feb 12, 2016
522 postów
GBP/USD - 1.3300/15 may offers some short term opportunities from the sell side of the market with tight targets and stops :)
Uczestnik z Apr 09, 2016
421 postów
Nov 21, 2017 at 17:57
Uczestnik z Apr 09, 2016
421 postów
The British pound recorded a volatile session against the US dollar on Monday. The currency pair added 18 pips to a closing price of 1.3233. The chart continued to grow above the moving averages, while the relative strength index remained neutral. If the price continues to rise, the pound will focus on the resistance at 1.3260.
Uczestnik z Jul 10, 2014
1117 postów
Nov 21, 2017 at 20:14
(edytowane Nov 21, 2017 at 20:20)
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD is still stuck in the sideways consolidation between 1.3030 and 1.3320. The fundamentals this week may finally end the consolidation but so far there is no signal that will happen.
Uczestnik z Jul 10, 2014
1117 postów
Nov 22, 2017 at 17:19
Uczestnik z Jul 10, 2014
1117 postów
GBP/USD is relatively bullish and it may reach the resistance at 1.3320 yet again soon. It is unlikely that it will break out above it before the fundamentals later today though.
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