GBP/USD daily outlook

Nov 06, 2015 at 12:23
Przeglądane 39,516
1,302 Replies
Uczestnik z Sep 22, 2015   3 postów
Dec 09, 2016 at 10:02
😐
Nothing is impossible
Uczestnik z Oct 02, 2014   909 postów
Dec 11, 2016 at 14:42
Bearish here.
Positivity
Uczestnik z Apr 09, 2014   834 postów
Dec 12, 2016 at 04:18
The pair is trading almost flat, seems have lost its downward strength, but the risk remains on the downside, critical support zone lies around 1.2500/20.
Uczestnik z Dec 05, 2016   3 postów
Dec 12, 2016 at 09:03
Yes,been watching the pair since last week,on a long term buy position.Anticipating for a reversal and upward trend this week.
supertechpro1117@
Uczestnik z Dec 09, 2015   823 postów
Dec 12, 2016 at 16:45
The pair rose with over 100 pips today after forming a doji and a marubozu bar on the daily time frame and reached the resistance at 1.2670. I think that if there is a breakout above that resistance it will reach the previous high at 1.2774.
Uczestnik z Dec 30, 2012   5 postów
Dec 13, 2016 at 07:53
I am still in distress EURUSD is heading to 1.1100 first, before 1.2800

GBPUSD is 1.3200

It may not be a one way journey, but it surely will reach there. So, to be on a safer side, always seek for buying opportunities, instead of selling opportunities to avoid being caught up.
Uczestnik z Apr 09, 2016   421 postów
Dec 14, 2016 at 20:11
A day before the announcement of the lifting of the US base rate by the Fed, the dollar marked a slight increase against most currencies. Sterling traded at higher levels in the last session, but GBP/USD closed with a slight decrease of 1.2656.
Uczestnik z Nov 16, 2015   708 postów
Dec 14, 2016 at 20:17
The pound marked a volatile session against the dollar on Tuesday. Ultimately opening price was close to closing, respectively, 1.2671 and 1.2657. In the early trading hours bulls dominated, in result the resistance at 1.2704 was breached as the pair peaked for the day at 1.2727. Subsequently pound lost accumulated lead.
Uczestnik z Nov 16, 2015   708 postów
Dec 14, 2016 at 20:21
Key levels to watch for:
Support: 1.2505; 1.2428;
Resistance: 1.2704; 1.2773.
Uczestnik z Apr 09, 2016   421 postów
Dec 14, 2016 at 20:38
The US Federal Reserve raised its key rate to a range of 0,50-0,75 per cent per annum, and said that it is waiting for three increases in 2017.
By 20.24 GMT GBP/USD fell by 100 pips to 1,2588.
Uczestnik z Mar 14, 2016   41 postów
Dec 18, 2016 at 07:56
A very slight uptrend over the last month with 1.2299 strong support level and 1.2777 resistance. Such a range offers plenty of good opportunities to intraday traders I believe. MACD is above zero but showing a downward movement on a daily chart.
Uczestnik z Nov 16, 2015   708 postów
Dec 18, 2016 at 09:02
The pound tumbled against the dollar at the end of the week. The British currency responded to negative expectations and recorded serious loss. As a result, two key levels at 1.2505 and 1.2428 were overcomed, and meanwhile the pair made the third test of the support at 1.2366. If the downward momentum continues in the future, it will be breached. After correction upward, the pair closed the week at 1.2487.
Uczestnik z Nov 16, 2015   708 postów
Dec 18, 2016 at 09:05
Key levels to watch for:
Support: 1.2428; 1.2366;
Resistance: 1.0540; 1.0639.
Uczestnik z Apr 09, 2014   834 postów
Dec 19, 2016 at 06:49
The pair seems lack of directional strength, but still in the negative territory as long as the price kept below 1.2570 zone.
Uczestnik z Jul 12, 2016   78 postów
Dec 20, 2016 at 07:53
The GBPUSD had a bearish momentum yesterday bottomed at 1.2354. The bias is bearish in nearest term testing 1.2300 area. Immediate resistance is seen around 1.2425. A clear break above that area could lead price to neutral zone in nearest term but as long as stay below 1.2500 price is still in a bearish phase after broke below the trend line support as you can see on my H1 chart below.

Załączniki:

Uczestnik z Mar 14, 2016   35 postów
Dec 20, 2016 at 09:44
It's in a definite bearish sentiment over the last week. A range support could be at 1.2296. Breaking it will confirm the bearish trend.
Uczestnik z Jul 10, 2014   1117 postów
Dec 20, 2016 at 12:43 (edytowane Dec 20, 2016 at 12:43)
I agree, now that the pair has broken below the support at 1.2350 its next target will likely be at 1.2300.
Uczestnik z Mar 25, 2015   74 postów
Dec 20, 2016 at 15:36
Precisely. 1.2300 is the psychological level and definitely reachable today. The pairs is going down with strong momentum, currently in the upper range of the oversold area, below the trigger line of MACD. If the trend continues, the price will possibly enter the strong support range between 1.2270 and 1.2200 where a rebound is more likely. Eyes close to the Q3 US GDP Price Index announcement on Thursday which may share the market a bit right before the holidays.
Uczestnik z Apr 09, 2016   421 postów
Dec 22, 2016 at 22:45
The British pound recorded a moderate decline during yesterday's session after trading in a relatively narrow range. GBP/USD slid 13 pips to 1.2352, reaching extreme values respectively at 1.2390 and 1.2324. The price continues to consolidate around the support at 1.2350, but remained under downward moving averages and RSI on negative territory, implying additional losses.
Uczestnik z Apr 09, 2016   421 postów
Dec 23, 2016 at 23:12
The British pound fell against the dollar on Friday. By the end of the American session GBP/USD is trading at 1.2277, shedding 0.06%. I believe that the support is now located at the level of 1.2229, the low of today's trading, and resistance is likely at the level of 1.2504 - Monday's high.
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