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GBP/USD daily outlook

idimitrov
Nov 23 2017 at 09:36
421 inlägg
The British pound recorded a significant increase against the US dollar on Wednesday. The currency pair opened at 1.3237 and the price managed to break the first resistance at 1.3260. The pound finished at 1.3323 and in the short term the outlook remains positive, the immediate target is 1.3440.
Ari Goldman (arigoldman)
Nov 23 2017 at 17:54
909 inlägg
GBP/USD is climbing steady this week. I think the trend have more power in itself.
csc2009
Nov 27 2017 at 07:32
834 inlägg
Gbp/Usd seems has lost it upside momentum, hovering around 1.33 level, break above 1.3360 would send the pair back to its bullish trend.
victoriajensen
Nov 28 2017 at 17:02
1117 inlägg
Despite forming a new high at 1.3382 GBP/USD bounced off from that level and formed a shooting star candlestick on the daily time-frame before continuing moving to the downside. If it breaks out below 1.3220 it will probably fall back to 1.3140, which is the (MA)89 indicator on the daily time-frame.
deresel
Nov 28 2017 at 17:43
708 inlägg
An extremely dynamic session recorded the pound against the dollar on Monday. Despite the volatile trend, however, the opening price was close to closing at 1.3320 and 1.3316, respectively. At first, the moods dominated and the pair reached a peak at 1.3382, breaking the first resistance at 1.3371. Subsequently, the pound totally lost its accumulated positions.
deresel
Nov 28 2017 at 17:45
708 inlägg
Support: 1.3244; 1.3206;
Resistance: 1.3371; 1.3455;
idimitrov
Nov 29 2017 at 12:11
421 inlägg
The pound recorded a second consecutive volatile session against the dollar on Tuesday. Trading was open at a rate of 1.3316, as in the early hours the bearish sentiment was leading. So the pair broke the first support at 1.3244, after being hit bottom for the day at 1.3221. Subsequently, the trend sharply changed and the final was put in favor of the British currency at 1.3337. If the bullish moods continue, the resistance at 1.3404 will be tested.
victoriajensen
Nov 29 2017 at 19:49
1117 inlägg
GBP/USD bounced off from 1.3220 and rallied again, breaking out above 1.3382. The pair will likely continue moving to the upside towards 1.3500.
Ari Goldman (arigoldman)
Nov 30 2017 at 19:25
909 inlägg
The Sterling saw massive buying this week. Good news coming from the UK.
victoriajensen
Nov 30 2017 at 20:19
1117 inlägg
The pair did continue moving to the upside towards 1.3500. For now it is still very bullish and it will probably continue moving to the upside towards the last high at 1.3655.
idimitrov
Dec 02 2017 at 08:50
421 inlägg
The British pound was down against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3472, losing 0.42%. I believe that support is now at around 1.3221, Tuesday's low, and resistance is likely at 1.3550, the maximum of Friday's trading.
csc2009
Dec 04 2017 at 15:39
834 inlägg
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.
victoriajensen
Dec 04 2017 at 20:06
1117 inlägg
csc2009 posted:
The uncertainty with Brexit negotiations continue affect Pound, support level can be found around 1.3420, break below will deeper the bearish correction movement.

It bounced off from 1.3420 again and since the sideways consolidation continues it will probably start moving to the upside towards 1.3500.
deresel
Dec 05 2017 at 17:32
708 inlägg
The British pound recorded a volatile session against the US dollar on Monday. The currency pair opened at 1.3436 and finished 42 pips higher. The chart continued to grow above the moving averages, while the relative strength index remained neutral. If the direction is maintained, there may be an attempt to test the first resistance at 1.3540.
victoriajensen
Dec 07 2017 at 17:43
1117 inlägg
GBP/USD bounced off from 1.3315. The pair is still bullish and the move to the upside may continue towards 1.3500.
Ari Goldman (arigoldman)
Dec 08 2017 at 14:23
909 inlägg
Good move on the cable lately.
SarahDW
Dec 11 2017 at 08:30
229 inlägg
Gbp/Usd short term seems turned towards downside, support level can be found around 1.3350 and follow by 1.3310.
Irnest Goodman (Irnest)
Dec 15 2017 at 11:39
33 inlägg
On a short term. I think the pound will go down to the point of 1.32763.
Ari Goldman (arigoldman)
Dec 16 2017 at 18:36
909 inlägg
The pair has been difficult to trace lately.
SarahDW
Dec 18 2017 at 07:43
229 inlägg
Although the pair strong bearish trend seems slow down, but with uncertainty on Brexit, I'm expecting further decline towards below support level 1.3300.
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