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GBP/USD daily outlook
Medlem sedan Nov 16, 2015
708 inlägg
Nov 01, 2016 at 08:53
Medlem sedan Nov 16, 2015
708 inlägg
Key levels to watch for:
Support: 1.2090; 1.1630;
Resistance: 1.2320; 1.2480; 1.2775.
Support: 1.2090; 1.1630;
Resistance: 1.2320; 1.2480; 1.2775.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 01, 2016 at 10:24
Medlem sedan Dec 09, 2015
823 inlägg
GBP/USD is testing the resistance at 1.2250. I think that if it breaks out above that level it will reach 1.2330 again.
forex_trader_169700
Medlem sedan Dec 30, 2013
158 inlägg
Nov 01, 2016 at 12:04
Medlem sedan Dec 30, 2013
158 inlägg
....AS THINGS STAND @ 1100HRS 01.11.2016
Medlem sedan Mar 25, 2015
74 inlägg
Nov 01, 2016 at 12:50
Medlem sedan Mar 25, 2015
74 inlägg
GBP/USD broke the 1.2270 resistance level but went down and is currently traded at around 1.2230. I would wait until the Bank of England interest rate announcement this Thursday before opening my next trades on the pair.
Medlem sedan Apr 09, 2014
834 inlägg
Nov 03, 2016 at 00:31
Medlem sedan Apr 09, 2014
834 inlägg
RichardBills posted:
GBP/USD broke the 1.2270 resistance level but went down and is currently traded at around 1.2230. I would wait until the Bank of England interest rate announcement this Thursday before opening my next trades on the pair.
I would agree with you to wait the Bank of England's economic policy meeting this Thursday.
Medlem sedan Oct 02, 2014
909 inlägg
Nov 04, 2016 at 13:47
Medlem sedan Oct 02, 2014
909 inlägg
Bearish on the Sterling.
Positivity
Medlem sedan Dec 09, 2015
823 inlägg
Nov 06, 2016 at 11:15
Medlem sedan Dec 09, 2015
823 inlägg
GBP/USD reached a high of 1.2556 this week, but I think that whether the move to the upside will continue depends on the US election results next week.
Medlem sedan Apr 09, 2014
834 inlägg
Medlem sedan Apr 09, 2016
421 inlägg
Nov 07, 2016 at 07:38
Medlem sedan Apr 09, 2016
421 inlägg
The British Pound was up against the US Dollar on Friday. By the close of US trading GBP USD was trading at 1.2517, gaining 0.44%. I believe that the support is now located at the level of 1.2141, Monday's low, and resistance is likely at the level of 1.2557 - the maximum of Friday's trading.
Medlem sedan Dec 09, 2015
823 inlägg
Nov 08, 2016 at 08:51
Medlem sedan Dec 09, 2015
823 inlägg
GBP/USD is climbing after forming several spinning top bars on the four hour time frame and rebounding from the support at 1.2380 and under different circumstances I would've opened a long position, but with the US elections looming on the horizon I think I will refrain from any kind of trading.
Medlem sedan Nov 14, 2015
325 inlägg
Nov 08, 2016 at 15:12
Medlem sedan Nov 14, 2015
325 inlägg
Seems like the UK economy is slowing, James Warren, Research Fellow at NIESR, said “Our estimates suggest that economic
growth slowed in 2016Q3 to 0.4 per cent, from 0.7 per cent in 2016Q2. While retail sales
have been buoyant in recent months, the production sector has acted as a drag on
economic growth. We estimate that output from the production sector declined by 0.2 per
cent in the third quarter of this year.”
growth slowed in 2016Q3 to 0.4 per cent, from 0.7 per cent in 2016Q2. While retail sales
have been buoyant in recent months, the production sector has acted as a drag on
economic growth. We estimate that output from the production sector declined by 0.2 per
cent in the third quarter of this year.”
Medlem sedan Dec 09, 2015
823 inlägg
Nov 09, 2016 at 10:29
Medlem sedan Dec 09, 2015
823 inlägg
Trump won, but the impact on this pair actually ended up being negligible, at least for now. Yes, there was volatility, but the pair is now back where it was yesterday.
Medlem sedan Nov 14, 2015
325 inlägg
Nov 09, 2016 at 10:32
Medlem sedan Nov 14, 2015
325 inlägg
There will be volatility whle the market shake this off. Oil was 3% down, and safe haven pairs like USDJPY was down to 101.20 levels. GBPUSD didn't rocket, but was above 1.25. We will see when the US trading session if we can regain some stability.
Medlem sedan Mar 25, 2015
74 inlägg
Nov 09, 2016 at 13:08
Medlem sedan Mar 25, 2015
74 inlägg
Price is moving in a range of 150 pips in high volatility. Waiting for the trend to appear in the next couple of days but I expect the overall sentiment to be bullish. The fact that the Brexit decision was brought back to Parliament can strengthen the pound's positions.
Medlem sedan Nov 16, 2015
708 inlägg
Nov 10, 2016 at 07:12
Medlem sedan Nov 16, 2015
708 inlägg
On Wednesday, the dollar strengthend growth relative to other currencies as the US currency recovered from losses incurred on the background of the shocking news of the victory of Donald Trump in the presidential elections in the United States. GBP/USD rose by 0.32% to 1.2417, falling from a one-month high at 1.2548, reached earlier.
Medlem sedan Nov 14, 2015
325 inlägg
Nov 11, 2016 at 13:46
Medlem sedan Nov 14, 2015
325 inlägg
How far could this rally of GBP strengthening go? Dollar is stronger now than before the flash crash so we are this a bit behind, but GBPJPY have surpassed the pre-flashcrash levels with over 300 pip, EURGBP with over 150 pip, GBPCHF is around the level it was before, GBPCAD about 400 pip over.
Medlem sedan Oct 02, 2014
909 inlägg
Nov 11, 2016 at 19:25
Medlem sedan Oct 02, 2014
909 inlägg
Strong week for the Sterling.
Positivity
Medlem sedan Apr 09, 2016
421 inlägg
Nov 13, 2016 at 08:41
Medlem sedan Apr 09, 2016
421 inlägg
The British Pound was up against the US Dollar on Friday. By the close of US trading GBP/USD was trading at 1.2599, gaining 0.40%. I believe that the support is now located at the level of 1.2349, Wednesday's low and resistance is likely at the level of 1.2674 - the maximum of Friday's trading.
Medlem sedan Nov 16, 2015
708 inlägg
Nov 13, 2016 at 21:47
Medlem sedan Nov 16, 2015
708 inlägg
Key levels to watch for:
Support: 1.2460; 1.2300; 1.212;
Resistance: 1.2790.
Support: 1.2460; 1.2300; 1.212;
Resistance: 1.2790.
Medlem sedan Apr 09, 2014
834 inlägg
Nov 14, 2016 at 00:29
Medlem sedan Apr 09, 2014
834 inlägg
Markets were expecting chaos in the case of Trump won, but the uncertainty did not last for long. The pair is holding well in a positive territory while a small gap down to 1.255 level. Bullish trend might be extended this week.
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