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GBP/USD daily outlook
Jul 15, 2017 at 08:43
Member Since Apr 09, 2016
421 posts
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.3100, adding 1.24%. I believe that support is now at around 1,2808, Wednesday's low, and resistance is likely at 1.3095, the high of Friday's trading.
Member Since Jul 10, 2014
1117 posts
Jul 17, 2017 at 14:18
Member Since Jul 10, 2014
1117 posts
GBP/USD finally found some resistance at 1.3110 and bounced off from that level after forming a shooting star candlestick on the four-hour time-frame. Next target is likely at 1.3000.
Member Since Nov 29, 2014
10 posts
Member Since Jul 10, 2014
1117 posts
Jul 20, 2017 at 15:11
Member Since Jul 10, 2014
1117 posts
GBP/USD bounced off from 1.2930 after forming a spinning top candlestick on the four-hour time-frame at that level and it will likely test 1.3000 next, which from a support will have become a resistance level.
Member Since Oct 11, 2013
775 posts
Member Since Oct 02, 2014
909 posts
Jul 23, 2017 at 17:58
Member Since Apr 09, 2016
421 posts
The British pound was up against the US dollar on Friday. By the close of US trading, GBP/USD was trading at 1.2994, gaining 0.15%. I believe that support is now at around 1.2930, Thursday's low, and resistance is likely at 1.3127, Tuesday's high.
Jul 25, 2017 at 14:56
Member Since Nov 16, 2015
708 posts
The British pound recorded a volatile session against the US dollar on Monday. The currency pair started at 1.2992 and the pound registered a positive performance. Eventually, the currency pair ended at 1.3027 and if the upward trend continues, we can expect a break in the first resistance at 1.3090.
Jul 26, 2017 at 15:28
Member Since Apr 09, 2016
421 posts
The British pound recorded a volatile session against the US dollar on Tuesday. The currency pair opened at 1.3027 and finished just 4 pips lower. Graphics continued to grow above the creeping averages, while the relative strength index remained neutral. If the bullish trend keeps the pair will focus on the resistance at 1.3090.
Jul 27, 2017 at 17:07
Member Since Nov 16, 2015
708 posts
The British pound record also recorded a significant increase against the US dollar on Wednesday. The currency pair added 97 pips and the pound managed to break the first resistance at 1.0390. Daytime extreme values were reached at 1.3000 and 1.3123 respectively. If the price continues to rise, we can expect a resistance test at 1.3270.
Jul 28, 2017 at 12:38
Member Since Apr 09, 2016
421 posts
The British pound also recorded a decline against the US dollar on Thursday. Session started at 1.3120 and the pound lost 56 pips. Graphics continued to grow above the creeping averages, while the relative strength index remained neutral. Establishing the pair above 1.3090 will be indicative of the interest of the bulls, whose next target is the resistance at 1.3270.
Member Since Oct 02, 2014
909 posts
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