GBP/USD daily outlook
Member Since Oct 11, 2013
775 posts
Jan 28, 2016 at 23:27
Good rally on the GBPUSD, but the 1.4400 area may act as resistance. The bearish trend is still in place and the pair may go back down any time.
Member Since Oct 02, 2014
909 posts
Jan 31, 2016 at 21:52
It still has a lot way to go.
Positivity
Member Since Jan 11, 2016
7 posts
Feb 04, 2016 at 07:19
Just closed out my position at 1.4500, but I'm expecting at least 1.4600. This week is very heavy on macro news, so maybe the Non-Farm's will give us more confidence.
He who risks nothing, risks everything.
Member Since Oct 02, 2014
909 posts
Feb 05, 2016 at 14:22
Yes, thank you, good recovery this week.
Positivity
Member Since Oct 11, 2013
775 posts
Feb 10, 2016 at 04:00
The 1.4600 level could be a good resistance for the GBPUSD, the 1.4400 could be a good support.
Member Since Jan 11, 2016
7 posts
Feb 10, 2016 at 12:56
This is what I see as a possibility.
https://www.tradingview.com/chart/GBPUSD/dz6QtXbe-GBPUSD-Bullish-ABCD/
https://www.tradingview.com/chart/GBPUSD/dz6QtXbe-GBPUSD-Bullish-ABCD/
Attachments:
He who risks nothing, risks everything.
Member Since Dec 11, 2015
1487 posts
Feb 11, 2016 at 06:57
I think the pair will climb back to 1.4540, but I think it might be a little too late for longs.
Member Since Oct 02, 2014
909 posts
Feb 11, 2016 at 11:12
Waiting to go long soon.
Positivity
Member Since Jan 11, 2016
7 posts
Feb 12, 2016 at 11:29
If 1.43500 doesn't hold my bias will change to sell.
He who risks nothing, risks everything.
forex_trader_300882
Member Since Jan 25, 2016
14 posts
Feb 14, 2016 at 07:32
I think longer term its going lower. Short term I don't have an opinion.
Member Since Jan 11, 2016
7 posts
Feb 15, 2016 at 07:30
1.4800 and maybe 1.5000. Don't bet your house, but it wouldn't surprise me.
He who risks nothing, risks everything.
Member Since Dec 11, 2015
1487 posts
Feb 15, 2016 at 12:50
Range has to end first though. For now the closest target is 1.4550.
Member Since Oct 11, 2013
775 posts
Feb 17, 2016 at 03:25
possible breakdown of the 1.4300 level on the GBPUSD, the 1.4500 could act as resistance in case of a pullback.
Member Since Dec 11, 2015
1487 posts
Feb 18, 2016 at 11:49
It might be time for longs again, what with that spinning top candlestick on the daily time frame above the support. The pair will probably reach 1.4400.
Member Since Oct 11, 2013
775 posts
Mar 02, 2016 at 03:06
The 1.4000 level could keep acting as resistance, but a breakout of that level could take the price on the GBPUSD to the 1.4100 level. To the downside, the 1.3833 level could act as support.
