GBP/USD daily outlook
Medlem sedan Oct 02, 2014
909 inlägg
Dec 24, 2016 at 13:01
Still nowhere to go.
Positivity
Medlem sedan Mar 25, 2015
74 inlägg
Dec 25, 2016 at 08:30
The pair crossed the support at 1.2270 now trading at around 1.2240. RSI is around the oversold area while momentum is slightly bearish. This could be a sign of trend reversal with the price bouncing up by the market close today.
Medlem sedan Apr 09, 2016
421 inlägg
Dec 25, 2016 at 08:57
The British pound fell against the dollar on Friday. By the end of the American session GBP/USD is trading at 1.2277, shedding 0.06%. I believe that the support is now located at the level of 1.2229, the low of today's trading, and resistance is likely at the level of 1.2504 - Monday's high.
Medlem sedan Apr 09, 2014
834 inlägg
Dec 26, 2016 at 00:44
The Pound pressure remain on the downside, next immediate support zone around 1.2220/30.
Medlem sedan Jul 10, 2014
1117 inlägg
Dec 26, 2016 at 13:31
csc2009 posted:
The Pound pressure remain on the downside, next immediate support zone around 1.2220/30.
I agree, the pair is quite bearish despite the holidays. It might even move towards 1.2160 - 1.2150 in the next few days.
Medlem sedan Jul 10, 2014
1117 inlägg
Dec 27, 2016 at 13:56
(redigerad Dec 27, 2016 at 14:14)
The pair continues moving to the downside indeed and it will soon test the support at 1.2220. It would be unsurprising if it breaks below that level too.
Medlem sedan Jul 10, 2014
1117 inlägg
Dec 29, 2016 at 15:46
(redigerad Dec 29, 2016 at 15:47)
GBP/USD bounced off 1.2200 but now it's moving to the downside and it will likely test that level again. Whether or not it will break below that support before 2017 remains to be seen.
Medlem sedan Nov 16, 2015
708 inlägg
Dec 30, 2016 at 01:00
Key levels to watch for:
Support: 1.2211; 1.2136;
Resistance: 1.2393; 1.2492.
Support: 1.2211; 1.2136;
Resistance: 1.2393; 1.2492.
Medlem sedan Nov 16, 2015
708 inlägg
Dec 30, 2016 at 01:04
GBP/USD - buy on 1.2277
• Stop: 1.2315
• Limit: 1.2118
• Time frame: 4 days
• Stop: 1.2315
• Limit: 1.2118
• Time frame: 4 days
Medlem sedan Oct 02, 2014
909 inlägg
Dec 31, 2016 at 16:27
Conslidation continues.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Jan 02, 2017 at 03:39
Year 2017 is all about Brexit and will very likely keep Pound still under pressure, upside strength seems limited at 1.2390/80 zone.
Medlem sedan Apr 09, 2016
421 inlägg
Jan 02, 2017 at 08:45
Dollar drops in the end of New Year in a weakened trade.
The British pound jumped by 0.25% to 1.2258 against the dollar, after falling to a two-month low 1.2201 the previous day.
The British pound jumped by 0.25% to 1.2258 against the dollar, after falling to a two-month low 1.2201 the previous day.
Medlem sedan Nov 16, 2015
708 inlägg
Jan 04, 2017 at 19:20
The pound recorded a second consecutive loss against the dollar on Tuesday. The British currency continued negative momentum and as a result, the pair managed to break through the first support at 1.2237. Meanwhile the pair tested the second key level at 1.2197 after hitting bottom for the day at 1.2199, but the breakthrough was postponed. Tuesday session started at a price of 1.2270 and the rate of closure was 1.2236.
Medlem sedan Nov 16, 2015
708 inlägg
Jan 05, 2017 at 20:55
The pound recovered ground against the dollar on Wednesday. The couple managed to get away from the support at 1.2197 and the breakthrough of the level was postponed. Short-term indicators remain in favor of the British currency. The session started at 1.2235, and the finale was put 88 pips higher. The trend was bullish, the highest value for the day was reached at 1.2352.
Medlem sedan Nov 16, 2015
708 inlägg
Jan 05, 2017 at 21:01
Key levels to watch for:
Support: 1.2197;
Resistance: 1.2425.
Support: 1.2197;
Resistance: 1.2425.
Medlem sedan Oct 02, 2014
909 inlägg
Jan 07, 2017 at 14:59
Bullish on the US dollar.
Positivity
Medlem sedan Apr 09, 2016
421 inlägg
Jan 08, 2017 at 08:36
The pound recorded a powerful increase against the dollar on Thursday. So the couple continued the positive momentum from Wednesday, as two key levels at 1.2387 and 1.2425 were overcome. If the bullish trend remains high, resistance at 1.2507 will be tested soon. The session started at a price of 1.2323, while the pound gained 92 pips to finish. The maximum of the day was achieved at 1.2431.
Medlem sedan Apr 09, 2016
421 inlägg
Jan 09, 2017 at 07:47
The British pound fell against the dollar on Friday. By the close of US trading GBP/USD was trading at 1.2284, shedding 1.08%. I believe that the support is now located at the level of 1.2198, Tuesday's low, and resistance is likely at the level of 1.2436 - the maximum of Thursday.
Medlem sedan Feb 19, 2014
61 inlägg
Jan 10, 2017 at 06:34
hii where pound move its show downtrend but not clear yet
Medlem sedan Dec 30, 2015
19 inlägg
Jan 10, 2017 at 08:15
my opinion : at 1.217 break up go long with TP around 1.235, SL 1.21
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