GBP/USD daily outlook

Nov 06, 2015 at 12:23
31,861 Visa
1,302 Replies
Medlem sedan Dec 11, 2017   229 inlägg
Oct 02, 2018 at 21:56
GBP/Usd is consolidating just under 1.30 level, lack of directional strength. The pair's direction depending a lot on Brexit developments and very little on technicals.
Medlem sedan Dec 10, 2017   210 inlägg
Oct 03, 2018 at 06:51
Justice1024 posted:
This week GBP/USD may test 1.2950

1.2950 achieved. It became a good support level. Let's now see id the pair manages to pierce the strong resistance 1.3000.
Medlem sedan Oct 02, 2014   909 inlägg
Oct 03, 2018 at 08:10
It's been trading sideways for the past two months. Hopefully this month will bring volatility back in the pair.
Positivity
Medlem sedan Oct 03, 2018   10 inlägg
Oct 03, 2018 at 12:07
GBP has dropped and will continue to drop. I just go short at 1.3000, stop at 1.3120 , I am not setting take profit as this could fall and fall
Medlem sedan Dec 11, 2017   229 inlägg
Oct 05, 2018 at 23:55
GBP/Usd certainly took advantage of the news that EU will offer the UK a 'super-charged' trade deal, the pair rallied to above 1.31 level but lost its momentum after. Pound continues to be driven by Brexit hopes, on the upside important resistance level lies at 1.3300.
Medlem sedan Nov 16, 2015   708 inlägg
Oct 07, 2018 at 21:32
GBP/USD: The pair is forming an interesting figure, for the start of the week.
Medlem sedan Nov 16, 2015   708 inlägg
Oct 09, 2018 at 08:33
GBP/USD: The Brexit talks and the renewed interest to the greenback pushed the pair below 1.3100.
Medlem sedan Oct 02, 2014   909 inlägg
Oct 09, 2018 at 08:39
Looking to go short at 1.3250. It seems it may try to go higher from here.
Positivity
Medlem sedan Dec 11, 2017   229 inlägg
Oct 09, 2018 at 23:00
Once again, Brexit headline that suggested the EU and the UK have moved further to reach a deal drive the pair to 1.3150 level. The pair currently consolidating its gains, as long as it holds above 1.3100 level, Pounds could still be targeting 1.3200.
Medlem sedan Dec 10, 2017   210 inlägg
Oct 10, 2018 at 06:36
Good recovery of the GBP/USD yesterday by nearly 100 pips. The pair likely to test 1.3200.
Medlem sedan Nov 16, 2015   708 inlägg
Oct 10, 2018 at 15:49
Justice1024 posted:
Good recovery of the GBP/USD yesterday by nearly 100 pips. The pair likely to test 1.3200.

Let's see if the pair manages to break it.
Medlem sedan Dec 10, 2017   210 inlägg
Oct 10, 2018 at 22:41
Good struggle in 1.3200. I love to whatch it everytime...
Medlem sedan Oct 02, 2014   909 inlägg
Oct 11, 2018 at 13:07
It's closing in on my short entry at 1.3265. Let's see if it holds!
Positivity
Medlem sedan Dec 11, 2017   229 inlägg
Oct 12, 2018 at 22:14
GBP/Usd is consolidating lower to 1.3150 level, I'm expecting the pair would fall further on Brexit disappointment, the negotiations between the UK and EU are slower than expected.
Medlem sedan Dec 10, 2017   210 inlägg
Oct 13, 2018 at 13:13
The British pound fell against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3155, losing 0.59%. I believe that support is now at around 1.3028, Monday's low, and resistance is likely at the level of 1.3358 - Friday's highs.
Medlem sedan Dec 11, 2017   229 inlägg
Oct 14, 2018 at 22:00
GBP/Usd starts the week with a big bearish gap, Brexit disappointment continues to weigh in on the pair.
Medlem sedan Dec 11, 2017   229 inlägg
Oct 16, 2018 at 00:01
GBP/Usd has recovered the bearish gap but the upside is limited to 1.3182 the immediate resistance level. Although GBP/Usd is still consolidating in the negative territory, the direction of this pair will be dominated by Brexit news.
Medlem sedan Oct 02, 2014   909 inlägg
Oct 16, 2018 at 10:50
I'm considering going short at 1.3270. I think it's a good entry for a short play on the short term.
Positivity
Medlem sedan Nov 16, 2015   708 inlägg
Oct 16, 2018 at 17:50
GBP/USD: The pair is steady, with the bullish mood prevailed. It is headed to 1.3260.
Medlem sedan Dec 11, 2017   229 inlägg
Oct 17, 2018 at 00:16
Short-term the momentum remains bullish, but the pair upside is limited. GBP/Usd continues its sideway trading just below 1.3200 level.
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