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GBP/USD daily outlook

Nov 06, 2015 at 12:23
31,174 Visa
1,302 Replies
Medlem sedan Oct 11, 2013   775 inlägg
Apr 13, 2016 at 22:15
The GBPUSD may find some resistance on the 1.4400 level if it goes back up, but it seems like it wants to continue dropping, maybe go and visit the 1.4000 level.
Medlem sedan Oct 11, 2013   775 inlägg
Apr 14, 2016 at 19:25
Still waiting to see if the GBPUSD keeps dropping towards the 1.4000 level. For now the 1.4100 is acting as good support. The 1.43 or 1.44 may still act as resistance.
Medlem sedan Apr 09, 2014   834 inlägg
Apr 16, 2016 at 00:30
The pair continues to consolidate above 1.40 handle on a wider perspective, Brexit uncertainty is still the focus.
Medlem sedan Dec 09, 2015   823 inlägg
Apr 16, 2016 at 17:03
I think that its first target would be around 1.4120 - 1.4100, and if it breaks below the latter it will continue falling.
Medlem sedan Oct 02, 2014   909 inlägg
Apr 17, 2016 at 19:35
Keeping an eye on this pair.
Positivity
Medlem sedan Dec 09, 2015   823 inlägg
Apr 20, 2016 at 13:09
I am waiting to see whether the pair will break above the resistance at 1.4400, because if it does I think it will continue rising towards 1.4600 and it will be time for longs.
Medlem sedan Oct 02, 2014   909 inlägg
Apr 20, 2016 at 13:52
Expecting a correction.
Positivity
Medlem sedan Apr 14, 2016   2 inlägg
Apr 21, 2016 at 06:19
GU on Triangle Trendline.. breakout upper trendline will become Uptrend a.k.a Long Position a.k.a Buy.. 1st Resistance on 1.4350 just breakout.. yesterday.. GU wanna reach 2nd Resistance on 1.4400.. if breakout again.. GU will changed trend to Uptrend, Strong Buy and Long Position (Standby on Buy Stop at entry price 1.4425).. for now.. I'm still on Short Position a.k.a Sell at entry price 1.4393 (Better short position on entry price 1.4400).. if someone already make Sell Order on that's price.. congrate to Bearish Trader.. because you already got 75+ - 80+ pips...
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Medlem sedan Dec 09, 2015   823 inlägg
Apr 22, 2016 at 13:22
I, personally, doubt that the pair will be able to break above 1.4440 before the market closes later today. I do think, however, that next week we will see a breakout above that level. On the other hand if it bounces off that resistance we can expect a further move to the downside towards 1.4000 again, in my opinion.
Medlem sedan Dec 09, 2015   823 inlägg
Apr 26, 2016 at 11:56
GBP/USD broke above 1.4400 and the rally continues. I think the next long-term target is around 1.4900, and there's a significant possibility it might climb higher than that.
Medlem sedan Nov 14, 2015   325 inlägg
Apr 26, 2016 at 16:16
In latest ICM poll remain got +1 percent, leave got +2, brexit risk lower? Meh, a few more polls and the risk is back on again.
Medlem sedan Jul 10, 2014   1117 inlägg
Apr 27, 2016 at 16:17
The pair found some resistance at 1.4640 and is currently testing the support at 1.4550. A breakout below that level could lead to a further drop to 1.4500.
Medlem sedan Apr 09, 2014   834 inlägg
Apr 27, 2016 at 22:38
I'm expecting further downside movement to next key target at 1.4500.
Medlem sedan Oct 11, 2013   775 inlägg
Apr 27, 2016 at 23:19
The GBPUSD may try to correct to the downside, since it has been losing some of its bullish momentum and it may be overbought.
Medlem sedan Dec 09, 2015   823 inlägg
Apr 28, 2016 at 12:40
I think the move to the upside will continue for the moment and the first target is likely 1.4670, which is the previous high.
Medlem sedan Nov 14, 2015   325 inlägg
Apr 28, 2016 at 15:50 (redigerad Apr 28, 2016 at 15:52)
More polls for the Brexit risk:

A poll by Saga with 8000 people over 50:
45% for brexit, 41% for remain.

In the YouGov poll, conducted on Monday and Tuesday, 42 per cent said they would vote for Brexit, up by three points in two weeks. 41 per cent said they wanted Britain to remain in the EU, up by one point.

With the ‘don’t know’ answers removed, 51 per cent backed Brexit compared to 49 per cent for ‘Remain’ - marking a switch from the previous poll two weeks ago.

Reports of less immigration by OECD, and no trade agreement from Obama, which is well received by people who are against the TTIP trade agreement

And with the growing risk for Brexit. The GBP is very likely to fall over the coming two months.
Medlem sedan Oct 02, 2014   909 inlägg
Apr 30, 2016 at 15:06
Waiting to enter short.
Positivity
Medlem sedan Oct 11, 2013   775 inlägg
May 02, 2016 at 04:35
Good rally on the GBPUSD, daily chart. But the pair may try to correct to the 1.4500 level from the 1.4657 zone.
Medlem sedan Dec 09, 2015   823 inlägg
May 03, 2016 at 13:34

GBP/USD is testing 1.4600, if it breaks out below that level its next target would be around 1.4560 - 1.4550.
Medlem sedan Nov 14, 2015   325 inlägg
May 03, 2016 at 14:14 (redigerad May 03, 2016 at 14:15)
We've seen it coming crashing down from 1.4750, currently at 1.4572 (and falling), since the TTIP leak earlier today.
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