GBP/USD daily outlook
Miembro desde Dec 10, 2017
posts 210
Oct 03, 2018 at 06:51
Justice1024 posted:
This week GBP/USD may test 1.2950
1.2950 achieved. It became a good support level. Let's now see id the pair manages to pierce the strong resistance 1.3000.
Miembro desde Oct 02, 2014
posts 909
Oct 03, 2018 at 08:10
It's been trading sideways for the past two months. Hopefully this month will bring volatility back in the pair.
Positivity
Oct 05, 2018 at 23:55
GBP/Usd certainly took advantage of the news that EU will offer the UK a 'super-charged' trade deal, the pair rallied to above 1.31 level but lost its momentum after. Pound continues to be driven by Brexit hopes, on the upside important resistance level lies at 1.3300.
Miembro desde Oct 02, 2014
posts 909
Oct 09, 2018 at 08:39
Looking to go short at 1.3250. It seems it may try to go higher from here.
Positivity
Oct 09, 2018 at 23:00
Once again, Brexit headline that suggested the EU and the UK have moved further to reach a deal drive the pair to 1.3150 level. The pair currently consolidating its gains, as long as it holds above 1.3100 level, Pounds could still be targeting 1.3200.
Miembro desde Dec 10, 2017
posts 210
Oct 10, 2018 at 06:36
Good recovery of the GBP/USD yesterday by nearly 100 pips. The pair likely to test 1.3200.
Miembro desde Dec 10, 2017
posts 210
Oct 10, 2018 at 22:41
Good struggle in 1.3200. I love to whatch it everytime...
Miembro desde Oct 02, 2014
posts 909
Oct 11, 2018 at 13:07
It's closing in on my short entry at 1.3265. Let's see if it holds!
Positivity
Miembro desde Dec 10, 2017
posts 210
Oct 13, 2018 at 13:13
The British pound fell against the US dollar on Friday. By the close of US trading, GBP / USD was trading at 1.3155, losing 0.59%. I believe that support is now at around 1.3028, Monday's low, and resistance is likely at the level of 1.3358 - Friday's highs.
Oct 16, 2018 at 00:01
GBP/Usd has recovered the bearish gap but the upside is limited to 1.3182 the immediate resistance level. Although GBP/Usd is still consolidating in the negative territory, the direction of this pair will be dominated by Brexit news.
Miembro desde Oct 02, 2014
posts 909
Oct 16, 2018 at 10:50
I'm considering going short at 1.3270. I think it's a good entry for a short play on the short term.
Positivity
