GBP/USD daily outlook
Medlem sedan Apr 09, 2014
834 inlägg
Aug 27, 2017 at 23:50
arigoldman posted:
Difficult to trade lately... I hope it gets more clear next week.
Gbp/Usd might take u-turn next week.
Medlem sedan Jul 10, 2014
1117 inlägg
Aug 29, 2017 at 15:19
GBP/USD bounced off from 1.2975 after forming a spinning top candlestick on the four-hour time-frame at that level. It will likely retrace back to 1.2900, which is the (MA)89 indicator on the same four-hour time-frame.
Medlem sedan Oct 02, 2014
909 inlägg
Sep 01, 2017 at 20:38
The pair is difficult to trade lately. I'm waiting for better days.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Sep 04, 2017 at 00:05
Brexit negotiations are showing ''no progress'', so does Pound. The pair is consolidating around 1.2950/60, no clear directional strength.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 05, 2017 at 17:25
GBP/USD moved to the upside today and finally reached the resistance at 1.3030. A breakout above that level could lead to another rally to 1.3100.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 06, 2017 at 17:35
GBP/USD reached a high at 1.3080 before it bounced off from that level and formed a shooting star candlestick on the four-hour time-frame. If the signal for a move to the downside is valid there will likely be a drop to 1.2900.
Medlem sedan Oct 02, 2014
909 inlägg
Sep 07, 2017 at 12:13
Pair is being dormant lately, Maybe September will act as a catalyst.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Sep 11, 2017 at 06:40
While the pair maintains strong upward momentum, rising to resistance level at 1.3225, the lack of progress on Brexit talking could hold back the gains this week.
Medlem sedan Oct 02, 2014
909 inlägg
Sep 11, 2017 at 13:46
Good day for the British Pound, up substantially against all peers.
Positivity
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 11, 2017 at 17:28
(redigerad Sep 11, 2017 at 17:34)
GBP/USD formed a double top at 1.3223 and it also formed a shooting star candlestick on the four-hour time-frame. Both are signals for a move to the downside and if they are valid next target will likely be around 1.3120, which is the (MA)89 indicator on the one-hour time-frame.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 14, 2017 at 17:21
GBP/USD sharply moved to the upside today after the Bank of England announced it is keeping the interest rate unchanged at 0.25%. Next target is likely at 1.3500.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 15, 2017 at 17:17
GBP/USD not only reached 1.3500 but broke out above that level and reached a new high at 1.3615. The pair will probably continue rallying towards 1.3700.
Medlem sedan Apr 09, 2016
421 inlägg
Sep 17, 2017 at 14:55
The British pound was up against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3590, gaining 1.44%. I believe that support is now at 1.3159, Monday's low, and resistance is likely at 1.3616, the high of Friday's trading.
Medlem sedan Apr 09, 2014
834 inlägg
Sep 18, 2017 at 06:32
victoriajensen posted:
GBP/USD not only reached 1.3500 but broke out above that level and reached a new high at 1.3615. The pair will probably continue rallying towards 1.3700.
I agree, but I'm expecting consolidation in the beginning of the week before the pair uptrend extend further.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 18, 2017 at 16:12
The GBP/USD bullish trend is stalling for now, the pair formed a double top at 1.3618, as well as a shooting star candlesitck at that level on the one-hour time-frame before falling moving sharply to the downside. Next target is likely at 1.3425, which is the (MA)89 indicator on the same one-hour time-frame.
Medlem sedan Oct 02, 2014
909 inlägg
Sep 18, 2017 at 17:14
Somehow neutral after the event today. Not much of an impact.
Positivity
Medlem sedan Apr 09, 2014
834 inlägg
Sep 19, 2017 at 14:32
Gbp/Usd continues its corrective movement with slight pull back, short term support can be seen around 1.3450/40 and resistance around 1.3620/10. Possible opportunity open for buy in dips.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 19, 2017 at 18:01
GBP/USD is testing the support at 1.3470 - 1.3460 and depending on the fundamentals tomorrow it may break out below those levels and continue moving to the downside. Another rally, on the other hand, would likely mean a test of and a possible breakout above 1.3618.
Medlem sedan Jul 10, 2014
1117 inlägg
Sep 20, 2017 at 17:06
GBP/USD rallied again to test the resistance at 1.3618, but whether it will succeed in breaking out above that level depends on the fundamentals coming out later today.
