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GBP/USD daily outlook
Uczestnik z Oct 11, 2013
769 postów
May 04, 2016 at 01:37
The GBPUSD erased momentarily all the loses since the begining of the year when it came close to the 1.4800 level, but then it goes back down very fast after the UK manufacturing came out worse than expected. For now the pair may continue dropping towards the 1.4500 zone.
Uczestnik z Dec 09, 2015
823 postów
May 04, 2016 at 12:58
The pair bounced off the support at 1.4470, which is EMA89 on the four-hour time frame, but I don't think this is the end to the move to the downside. In my opinion GBP/USD would test the support one more time at least, and if it breaks below it it will continue falling towards 1.4400.
Uczestnik z Dec 09, 2015
823 postów
May 05, 2016 at 13:17
The support at 1.4470 proved to be pretty strong and the pair bounced off of it again. I think it will likely continue climbing towards 1.4560 again.
Uczestnik z Oct 02, 2014
905 postów
May 07, 2016 at 19:18
Maybe a little more to the downside.
Positivity
Uczestnik z Oct 11, 2013
769 postów
May 07, 2016 at 23:56
The GBPUSD is getting closer and closer to the 1.4400 level. The zone may act as support, but the bearish trend is still in place in the short term.
Uczestnik z Dec 09, 2015
823 postów
May 10, 2016 at 11:29
The pair is moving between the support at 1.4400 and and the resistance at 1.4470, we'll have to see which one of these levels it will break below or above for range to end. Right now it's a little unclear what direction the pair will take.
Uczestnik z Oct 11, 2013
769 postów
May 10, 2016 at 16:41
The GBPUSD on the daily chart has bounced from the 55 day EMA, just below the 1.4400 level. The pair may either go back and visit the 1.4500 level or drop below the 1.44 and visit the 1.4300 level.
Uczestnik z Dec 09, 2015
823 postów
May 12, 2016 at 13:12
Gold is testing 1.4470 again, but so far there is no indication that range is about to end. If it does break above 1.4470, however, the next target will be likely 1.4600 - 1.14630.
Uczestnik z Dec 09, 2015
823 postów
May 12, 2016 at 17:36
dianajs posted:
Gold is testing 1.4470 again, but so far there is no indication that range is about to end. If it does break above 1.4470, however, the next target will be likely 1.4600 - 1.14630.
Тhat would be GBP/USD, sorry.
Uczestnik z Dec 09, 2015
823 postów
May 17, 2016 at 09:57
GBP/USD is testing the resistance at 1.4500, I think it will break above it. If it does, next target will be around 1.4650 - 1.4660.
Uczestnik z Mar 28, 2016
94 postów
May 17, 2016 at 20:43
The GBPUSD had a bullish momentum yesterday topped at 1.4414 and hit 1.4493 earlier today. The bias is bullish in nearest term testing 1.4530 region. Immediate support is seen around 1.4450 area. A clear break below that area could lead price to neutral zone in nearest term testing 1.4400 which need to be clearly broken to the downside to keep the false break bearish scenario remains strong. On the upside, a clear break and daily close above 1.4530 could trigger further bullish pressure retesting the daily EMA 200 this week.
Uczestnik z Dec 09, 2015
823 postów
May 18, 2016 at 13:17
The pair is still climbing and it will soon reach 1.4600. I think it will continue rising but I don't want to open new positions before the news come out.
Uczestnik z Dec 09, 2015
823 postów
May 20, 2016 at 12:06
GBP/USD reached 1.4660 but not only bounced off that resistance level, it also formed a doji candlestick below it on the daily time frame. I think that there will be a new move to the downside towards 1.4500.
Uczestnik z Mar 28, 2016
94 postów
May 20, 2016 at 16:48
The GBPUSD was indecisive yesterday. The bias is neutral in nearest term probably with a little bearish bias testing 1.4500 area. On the upside, key resistance remains around the daily EMA 200 located around 1.4700 region. A clear break and daily/weekly close above that area would activate my bullish mode targeting 1.5000 next week.
Uczestnik z Oct 11, 2013
769 postów
May 23, 2016 at 05:01
The GBPUSD is at the 1.45, if it breaks that level to the downside, the bearish momentum may accelerate towards the 1.4400 level, the 1.4600 may act as resistance.
Uczestnik z Dec 09, 2015
823 postów
May 23, 2016 at 13:03
(edytowane May 23, 2016 at 13:17)
The pair broke below 1.4500 and it's still falling. I think next target is likely around 1.4420 - 1.4400.
Uczestnik z Oct 02, 2014
905 postów
May 23, 2016 at 13:42
Sharp decline today.
Positivity
Uczestnik z Dec 09, 2015
823 postów
May 25, 2016 at 13:04
GBP/USD broke above the resistance at 1.4660 and reached 1.4700. I think it will keep rising and its next target is around the previous high at 1.4770.
Uczestnik z Dec 09, 2015
823 postów
May 26, 2016 at 09:23
The pair reached 1.4740, bounced off that resistance and formed a shooting star on the 4-hour time frame. I think we will see a retracement to 1.4600 again, but I don't think that's the end of the move to the upside.
