GBP/USD daily outlook

Nov 06, 2015 at 12:23
39,517 Views
1,302 Replies
Member Since Dec 11, 2017   229 posts
Sep 19, 2018 at 22:07 (edited Sep 19, 2018 at 22:09)
Brexit developments continue to be the main driver of the pair, regardless of the inflation data GBP/Usd seems to start gaining downward traction. Immediate support can be found at 1.3090/95 zone.
Member Since Oct 11, 2013   775 posts
Sep 20, 2018 at 02:09
This Wednesday's daily candle on the GBPUSD is in the shape of a doji with relative long shadows, this is an indication of indecision, but with high volatility. the pair may continue to the 1.3300 level or it may pull back to the 1.3000 level.
Member Since Nov 16, 2015   708 posts
Sep 20, 2018 at 05:33
GBP/USD: 1.3220 is a good historical resistance from mid-July. If the pair manages to break it, the next level is 1.3300. On the flip side, 1.3050 is the next support level (end of August), followed by 1.2920.
Member Since Sep 01, 2018   18 posts
Sep 21, 2018 at 05:51
GBPUSD BULLISH
If you want the currency we got the advantage.
Member Since Oct 02, 2014   909 posts
Sep 21, 2018 at 08:25
GBPUSD broke the resistance, next level is 1.3360, will be looking to open short there.
Positivity
Member Since Dec 10, 2017   210 posts
Sep 21, 2018 at 15:24
Sharp rise, followed by even sharper drop in GBP/USD. The price bounced down from 1.3300 and if the pair manages to break the strong support 1.3070, the next level is 1.3000, then 1.2910.
Member Since Jul 10, 2014   1117 posts
Sep 21, 2018 at 16:46
The pair fell with over 200 pips today, from 1.3280 to 1.3055. Next week there will likely be a retracement before the move to the downside continues.
Member Since Nov 16, 2015   708 posts
Sep 22, 2018 at 12:45
GBP/USD: Judging by the close of week's trade, I prefer the bearish scenario.
Member Since Sep 01, 2018   18 posts
Sep 25, 2018 at 07:45
GBPUSD 1.30 - 1.32 range bound forecast this week.
If you want the currency we got the advantage.
Member Since Nov 16, 2015   708 posts
Sep 25, 2018 at 07:53
GBP/USD: The pair is extremely calm since the beginning of the week. I am waiting for a clear direction for opening a position.
Member Since Oct 02, 2014   909 posts
Sep 25, 2018 at 17:43
GBPUSD moved lower, hopefully this week there will be an uptick to first res at 1.3365.
Positivity
Member Since Nov 16, 2015   708 posts
Sep 26, 2018 at 14:10
GBP/USD: Ahead of FOMC, the pair holds steadily above 1,3150. Let's see how the FOMC minutes will affect the pair, but so far it shows signs of stability.
Member Since Sep 18, 2018   11 posts
Sep 27, 2018 at 11:03
Price drop after FOMC but support is coming in. Price could go back up to 1.3280 if we get some good economic data from UK
Member Since Nov 16, 2015   708 posts
Sep 27, 2018 at 12:31
The pound is turning its direction. Healing slowly. Forming upside channel and the next stop would be 1.3200.
Member Since Nov 16, 2015   708 posts
Sep 28, 2018 at 06:45
GBP/USD: The pair fell sharply as the dollar rose against all majors. The next level to look for is 1.3050.
Member Since Oct 02, 2014   909 posts
Sep 28, 2018 at 11:40
Neutral for the time being, waiting for fresh new developments.
Positivity
Member Since Nov 16, 2015   708 posts
Sep 29, 2018 at 19:13
GBP/USD: Next stop - 1.2910. After that it's time for an upwards correction.
Member Since Sep 24, 2018   10 posts
Oct 01, 2018 at 14:50
Why 1.2910? Looks like a stronger support at around 1.28. With brexit news the price could do anything at all
Member Since Dec 10, 2017   210 posts
Oct 01, 2018 at 15:33
This week GBP/USD may test 1.2950
Member Since Nov 16, 2015   708 posts
Oct 02, 2018 at 14:52
GBP/USD continued the move down yesterday, making a bottom at 1.3011. The outlook remains bearish in the short term, but I recall the need for a clear break below the psychological level of 1.3000 for the restoration of the descending rally for the 1.2935 test. Immediate resistance is seen at 1.3090. A clear breakthrough over it may take the price to a neutral zone, but while it remains below 1.3175, I still prefer the bearish scenario at this stage. And any upward pressure should be considered as a good opportunity for short positions.
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