GBP/USD daily outlook
Členem od Dec 09, 2015
823 příspěvků
Oct 12, 2016 at 15:45
It rebounded from 1.2100 but even that was just temporary. The pair is slowly dropping back towards that support. I think eventually we'll see it reach 1.2000.
Členem od Oct 02, 2014
909 příspěvků
Oct 16, 2016 at 14:17
Bearish.
Positivity
Členem od Apr 09, 2014
834 příspěvků
Oct 17, 2016 at 00:51
Gbp/Usd although the pair is holding around 1.24 level, but bearish potential is clear, next support level can be found at 1.2220.
Členem od Oct 13, 2016
3 příspěvků
Oct 17, 2016 at 09:54
week starts from 1.1214 going for short.
Členem od Dec 09, 2015
823 příspěvků
Oct 17, 2016 at 10:01
(Upravené Oct 17, 2016 at 10:04)
The pair has been consolidating sideways above 1.2150 for a while now, and it has formed several spinning top bars on the four-hour time frame, so there might be some retracement in the near future, but I think that the overall trend remains bearish for the moment.
Členem od Nov 16, 2015
708 příspěvků
Oct 20, 2016 at 08:51
The British pound recorded a neutral session against the US dollar on Wednesday. The pair opened at 1.2292 and the price managed to break the resistance at 1.2300 twice. In the end, the pound ended at 1.2283 and if the downward trend continues couple will move to the next support at 1.2120.
Členem od Nov 16, 2015
708 příspěvků
Oct 20, 2016 at 08:53
Key levels to watch for:
Support: 1.2120; 1.1630;
Resistance: 1.2300; 1.2460; 1.2790.
Support: 1.2120; 1.1630;
Resistance: 1.2300; 1.2460; 1.2790.
Členem od Apr 09, 2016
421 příspěvků
Oct 23, 2016 at 11:36
The British pound fell against the dollar on Friday. By the close of US trading GBP/USD was trading at 1.2232, shedding 0.18%. I believe that the support is now located at the level of 1.2134, Monday's low, and resistance is likely at the level of 1.2334 -the maximum of Wednesday.
Členem od Apr 09, 2014
834 příspěvků
Oct 23, 2016 at 22:52
While technical indicators hold flat, but Brexit risk still exist and the pair well within bearish territory, further decline may continue. Next support level holds at 1.2169.
Členem od Nov 16, 2015
708 příspěvků
Oct 24, 2016 at 07:08
Key levels to watch for:
Support: 1.2079; 1.1619;
Resistance: 1.2332; 1.247.
Support: 1.2079; 1.1619;
Resistance: 1.2332; 1.247.
Členem od Nov 16, 2015
708 příspěvků
Oct 24, 2016 at 08:12
Pound / dollar was volatile last week. Trade signals are neutral. Initial support is at 1.2170 followed by 1.2135. Intraday resistance is seen at 1.2240, break of which could trigger further bullish pressure testing 1.2300 / 30. Overall I still prefer a bearish scenario but the more price remains above 1.20, the bullish correction / reversal scenario of the formation hammer should remain valid.
Členem od Apr 09, 2016
421 příspěvků
Oct 24, 2016 at 09:13
The pound registered a slight decrease against the dollar on Friday. The price of the opening session was close to closing, respectively, 1.2250 and 1.2221. The trend was volatile and early bearish sentiment prevailed. The pair hit bottom at 1.2170, but the pound subsequently recovered partial losses. Short-term expectations remain in favor of the US currency. In this case the support at 1.2079 could be tested soon.
Členem od Feb 07, 2016
23 příspěvků
Oct 27, 2016 at 06:40
So what do we think the UK GDP is gonna do to the cable? 0.3% increase (meets expectations) will likely get a lot of volatility and might have short term increase in gbp/usd. Anyone think the opposite? Anyone think it might be negative?
Členem od Dec 09, 2015
823 příspěvků
Oct 27, 2016 at 15:07
The pair broke below 1.2200 again, I think next target is around 1.2140, maybe even 1.2100.
Členem od Mar 14, 2016
41 příspěvků
Oct 28, 2016 at 07:46
To me realistically it may go down to 1.2150 max but then revert back up.
Členem od Dec 09, 2015
823 příspěvků
Oct 28, 2016 at 10:44
GBP/USD has almost reached 1.2100. I think that if it breaks out below that level it will continue falling to test the support at the previous low at 1.2081.
Členem od Mar 14, 2016
41 příspěvků
Oct 28, 2016 at 13:18
I think it is heading right there!
Členem od Dec 09, 2015
823 příspěvků
Oct 31, 2016 at 10:10
I have decided not to open any positions for the moment. The pair is still moving sideways and throughout the week there will be a lot of news that will create a lot of volatility.
Členem od Apr 09, 2016
421 příspěvků
Nov 01, 2016 at 07:56
Pound/dollar made another indecisive movement last week. The bias is neutral for now. Immediate resistance is at 1.2225. A clear break above that area could trigger further bullish pressure for testing 1.2270 - 1.2300. Intraday support is 1.2150, whose breach could lead to downward pressure for testing 1.2080 but important support remains at 1.2000. The more price remains above 1.20, the bullish correction/reversal scenario of the formation hammer should remain valid.
Členem od Nov 16, 2015
708 příspěvků
Nov 01, 2016 at 08:50
The pound reported a second consecutive day of growth on Monday. The pair climbed by 53 pips to a closing price of 1.2238. The session took place in the final values 1.2248 and 1.2143. Overall pound closed sixth consecutive month of losses. The currency lost nearly 15.5% against the US dollar since Brexit. The Range in the couple of early October remains valid. A break of moving averages would open the possibility of testing the upper boundary at 1.2320.
