GBP/USD daily outlook

Nov 06, 2015 at 12:23
31,793 Visa
1,302 Replies
Medlem sedan Dec 11, 2017   229 inlägg
Aug 13, 2018 at 06:40
GBP/Usd is consolidating around 1.275 because quiet Monday, but there are no signs of indicating downward exhaustion.
Medlem sedan Oct 02, 2014   909 inlägg
Aug 14, 2018 at 09:30
The pair seems to be difficult to get a ride on.
Positivity
Medlem sedan Dec 10, 2017   210 inlägg
Aug 15, 2018 at 08:00
Pound / dollar attempted to rise up yesterday with peak at 1.2827, but dropped then closed down to 1.2719. The signals remain bearish for testing at 1.2650 / 00. Resistance for the day is 1.2730, whose breakthrough can take the price to a neutral zone with testing at 1.2825. I still prefer the bear camp and any bullish pressure should be seen as a normal move and a good sales opportunity.
Medlem sedan Nov 16, 2015   708 inlägg
Aug 18, 2018 at 17:06
Bullish for now. Next target: 1.2770.
Medlem sedan Dec 11, 2017   229 inlägg
Aug 19, 2018 at 07:53
Brexit uncertainty weighs in, GBP/Usd upside is limited. Consolidation continues to just above 1.2700 level, resistance can be found around 1.2750/55.
Medlem sedan Oct 11, 2013   775 inlägg
Aug 21, 2018 at 07:14
The GBPUSD retraces above the 1.2800 level and if it keeps correcting to the upside, then the 1.2956 may become resistance. The bearish trend is still in place on the GBPUSD.
Medlem sedan Oct 02, 2014   909 inlägg
Aug 21, 2018 at 16:01
I think GBPUSD is going to depreciate in light of the recent USD rally. Altho I'd like to see the opposite.
Positivity
Medlem sedan Dec 11, 2017   229 inlägg
Aug 21, 2018 at 22:18
Despite ''no deal'' Brexit fears, GBP/Usd the risk is turned to the upside, Pound benefits from weak Dollar and broke above 1.29 level, possible to knock on the door of 1.3000.
Medlem sedan Dec 10, 2017   210 inlägg
Aug 22, 2018 at 19:19
Pound/dollar is trying to test 1.30, as it seems.
Medlem sedan Dec 11, 2017   229 inlägg
Aug 22, 2018 at 20:47
Upside momentum seems to take a pause, I'm expecting the pair trade sideways for the short-term. Resistance can be found at 1.2936 and follow by 1.2960, on the downside, immediate support is at 1.2865.
Medlem sedan Dec 10, 2017   210 inlägg
Aug 23, 2018 at 20:38
Despite the correction today, I still wait for 1.3000.
Medlem sedan Oct 11, 2013   775 inlägg
Aug 24, 2018 at 07:07
The GBPUSD seems to have finished with its bullish pullback and heads back down from the 1.2956 zone. However, the 1.2800 level may act as support. On the other hand, the downtrend is still in place in the midterm and the pair may try to continue lower.
Medlem sedan Dec 10, 2017   210 inlägg
Aug 26, 2018 at 15:47
1.30 would do for me.
Medlem sedan Oct 02, 2014   909 inlägg
Aug 28, 2018 at 09:44
I'm waiting to sell around 1.3180, it's kinda in a consolidation right now, if it breaks 1.2980 we could see another leg up.
Positivity
Medlem sedan Dec 11, 2017   229 inlägg
Aug 29, 2018 at 20:49
The news of EU is close to offering the UK a deal sent the Pound skyrocket to above 1.30 level, what is next, 1.32 level? But the detail of this ''ambitious Brexit deal'' not out yet, let's see.
Medlem sedan Dec 11, 2017   229 inlägg
Aug 30, 2018 at 22:02
The pair is consolidating its gains whole day today, the possibility of an 'unprecedented deal' keep the Pound above 1.30 level. Brexit negotiation between Barnier and Raab continues tomorrow, I'm expecting high volatility.
Medlem sedan Dec 11, 2017   229 inlägg
Aug 31, 2018 at 20:53
The pair has extended its consolidation movement to the downside and found immediate support around 1.2943/45. On the other hand, Brexit negotiation still seems optimism, meeting between EU and UK will continue another week. Well, it's a progress.
Medlem sedan Nov 16, 2015   708 inlägg
Aug 31, 2018 at 21:24
The week has ended negative for the pound. Uncertainty rules.
Medlem sedan Dec 10, 2017   210 inlägg
Sep 01, 2018 at 20:22
I expect 1.29 to be tested.
Medlem sedan Dec 11, 2017   229 inlägg
Sep 03, 2018 at 22:15
Possibility between the UK and the EU may reach an agreement have once again faded away, fears of ''no deal'' Brexit increased risks on the downside. The pair is currently consolidating in negative territory, immediate support can be found around 1.2850 and follow by 1.2800.
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