Eurusd/gbpusd - page 2239

 
The EURUSD has been very volatile lately, but it may try to continue higher now that the 55 day EMA is acting as support just above the 1.0600 level.
 
  GBP/USD bounced off 1.2250 after forming a spinning top candlestick on the four-hour time-frame. Next target is likely 1.2345.
 
Gbp/Usd is in a short term consolidation mood just above 1.23 level, with upside limited around 1.2350/40 zone. Focus turn to Trump tomorrow.
 
GBP/USD is testing the support at 1.2250 yet again. A breakout below that support will likely lead to a further drop towards 1.2100.
 

Trump's inauguration speech may increase volatility but Gbp/Usd did not change much, still trading in a range, consolidation seems continue, strong resistance level can be found around 1.2415/2420 zone.

 
The Inauguration day did not do much to the pair.
 
arigoldman:
The Inauguration day did not do much to the pair.
We shall see on Monday (after first reactions to CIA dispute)
 
GBP/USD is still quite bullish. A breakout above 1.2460 will likely lead to a further move to the upside towards the resistance at 1.2530, which is the (MA)89 indicator on the daily time-frame.
 
Trump is muddying the water - this is becoming a chaos
 
whisperer:
Trump is muddying the water - this is becoming a chaos
Market fear the uncertainty of Trump's policies, Pound is going up against dollar, immediate resistance level can be found at 1.2547 level.
Reason: