GBP/USD daily outlook
mlawson71
Členom od Dec 11, 2015
1487 príspevkov
Mar 06 2016 at 10:01
It's currently testing the resistance at 1.4220, a breakout above that level will mean it will likely continue rising much higher.
alexforex007
Členom od Oct 11, 2013
774 príspevkov
Mar 08 2016 at 06:10
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.
alexforex007
Členom od Oct 11, 2013
774 príspevkov
Mar 08 2016 at 23:51
It seems like the GBPUSD wants to come back down, now the bullish correction is losing its momentum.
Ari Goldman
(arigoldman)
Členom od Oct 02, 2014
907 príspevkov
Mar 09 2016 at 09:19
Expecting a move upward now.
Positivity
dianajs
Členom od Dec 09, 2015
823 príspevkov
Mar 14 2016 at 15:03
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.
alexforex007
Členom od Oct 11, 2013
774 príspevkov
Mar 15 2016 at 05:32
The Bank of England may decide the direction on the GBPUSD during this week, but to far the pair may try to go lower.
dianajs
Členom od Dec 09, 2015
823 príspevkov
Mar 15 2016 at 13:38
I agree. In my opinion the next level of support is at 1.4120 but it may fall lower than that level.
alexforex007
Členom od Oct 11, 2013
774 príspevkov
Mar 15 2016 at 23:34
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.
dianajs
Členom od Dec 09, 2015
823 príspevkov
Mar 16 2016 at 12:05
It's testing 1.4100 at the moment. If it breaks below that level the next immediate target is 1.4060 - 1.4050.