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GBP/USD daily outlook
Member Since Nov 24, 2015
59 posts
Oct 03, 2017 at 07:04
going down ,told you
robertonathalie@
Member Since Jul 10, 2014
1114 posts
Oct 03, 2017 at 17:18
GBP/USD reached a low at 1.3220 and began a sideways consolidation. Later this week there will be major fundamentals, so the pair will likely continue consolidating until then.
Oct 03, 2017 at 17:52
On the first day of the new week, the Pound/Dollar currency pair lost 107 pips. The day was opened at 1.3380, and not long after the bulls recorded a modest peak at 1.3402. For the rest of the day, the bears dominated and took the course only 6 pips to the support at 1.3250. By the end of the session one pound was exchanged for 1.3273 dollars.
Oct 04, 2017 at 07:17
forex.dani1704@
Member Since May 08, 2017
7 posts
Oct 04, 2017 at 07:24
GU is making an uptrend
From TeleTrade
From TeleTrade
Member Since Jul 10, 2014
1114 posts
Oct 04, 2017 at 13:35
GBP/USD will likely climb to 1.3300, which is the (MA)89 indicator on the one-hour time-frame. That said, a breakout above that resistance is unlikely before the fundamentals later this week. Consolidation continues for now.
Oct 06, 2017 at 15:24
The pound lost more than a figure against the US currency on Thursday. The last day's quote was 1.3118 or 128 pips from the opening rate of 1.3246. Extreme values for the day were recorded at 1.3249 and 1.3107 respectively. If the trend remains unchanged, it will soon be the first support breach, which is only 7 pips away.
Member Since Oct 11, 2013
769 posts
Oct 10, 2017 at 18:31
The GBPUSD pulls back to the 1.3200 level, but the zone is acting as a resistance, the 1.3300 level may also act as resistance. A bounce to the downside from the 1.3200 level may take the pair to the 1.3000 zone.
Oct 11, 2017 at 08:37
The pound marked a second successive session against the dollar on Tuesday. The British currency has continued the positive momentum since the beginning of the week, but no breakthrough of key levels has been achieved. Short-term expectations continue to be in favor of the pound. Trading was open at a rate of 1.3140 and the final was 62 pips higher. The trend was bullish in most of the time, with the peak reached at 1.3225.
Oct 11, 2017 at 09:18
The GBP / USD continued its bullish momentum yesterday, reaching a peak of 1.3225, with the market respecting the daily EMA 200 and the trendline support line. Short-term expectations are bullish to test the resistance 1.3330. A clear breakthrough and daily closing over it will put an end to the downward correction phase and will re-activate my bullish model for retesting 1.3615. Support for the day is 1.3150, whose breakthrough should keep the bearish phase in force for testing the daily EMA 200 and the trendline support.
Member Since Jul 10, 2014
1114 posts
Oct 11, 2017 at 17:04
(edited Oct 11, 2017 at 17:04)
GBP/USD has been consolidating sideways between 1.3170 – 1.3220 since yesterday. It depends on the news later today whether it will break out above 1.3220 to reach at least 1.3250.
Oct 12, 2017 at 10:05
Pound / dollar was tentative yesterday, but mainly continues to trade higher and hit a new weekly peak at 1.3264 earlier today. Trade signals remain bullish for testing the key resistance 1.3330. A clear break and daily closing above this level will put an end to the downward correction phase and will re-activate my upward model for retesting 1.3615. The nearest support is at 1.3150. A clear breakthrough and daily closure below this level should keep the bearish phase intact for testing the daily EMA 200 and the trendline support. Generally, I stay in the bulls camp.
Member Since Jul 10, 2014
1114 posts
Oct 13, 2017 at 17:08
GBP/USD is testing the resistance at 1.3300, which coincides with the (MA)89 indicator on the weekly time-frame. If it breaks out above that level there will likely be a further move to the upside towards 1.3500 - 1.3520.
Member Since Oct 02, 2014
905 posts
Oct 13, 2017 at 21:16
Somehow insecure, i'm staying away for now.
Positivity
Oct 16, 2017 at 17:29
The British pound recorded an increase against the US dollar on Friday. The session started at 1.3260 and the currency pair jumped out of the support at 1.3260. Eventually the session ended at 1.3287 and in case the bullish moods of the last few sessions continue, we can expect a break of the first resistance at 1.3440.
